It's common for founders to want to hire an executive team prematurely, influenced by the success stories of established companies, but this can be misguided without product-market fit.

Many founders mistakenly believe they need to give away equity to advisors, but often, they can negotiate for advisors to invest instead, aligning their interests with the startup's success.

Many founders mistakenly believe they need to find co-founders with extensive experience, such as a marketing expert or a CTO who has managed large teams, to ensure rapid growth.

Founders often get caught up in collecting mentors and advisors instead of focusing on building and launching their product, which can lead to a time sink.

Founders often underestimate their unique skills and the specific challenges of their startup, thinking that hiring experienced executives will solve their problems.

Most startup boards lack the necessary information to make informed decisions, which can lead to misguided strategies and a disconnect between the board and the founder's vision.

It's common for aspiring founders to dismiss the need for a technical co-founder, thinking they can manage without one, but this is a misguided approach.

Asking friends for advice is often less effective than conducting your own research, especially for young founders who may share similar limited experiences.

Aspiring founders often mistakenly believe that the first step to starting a company is to create a pitch for investors, but the first step should be identifying who you want to work with and what you want to build.