Startups often underestimate their expenses, especially in the early days when founders may undervalue their own time and efforts.

There's a misconception that startups should avoid raising too much money; instead, I believe founders should raise as much as they can but be smart about spending it.

Many startups fail to manage their resources effectively, often doing less with more, leading to wasted funds without tangible results.

Many entrepreneurs mistakenly believe that they need to raise funds and outsource their MVP, but this often leads to expensive iterations and a lack of progress.

It's important to maintain frugality and avoid the unconscious pressure to overspend after raising funds, as this can lead to a bloated company structure and increased financial demands. To successfully scale a startup, you need to raise money while maintaining discipline, scrappiness, and frugality.

Founders often mistakenly believe that spending more money will help them achieve product-market fit faster, leading to frustration and distraction from their core objectives.

Many founders mistakenly believe that fundraising is about more than just raising money to build a successful company, which can lead to misalignment with investor expectations.

In the earliest stages, startups should avoid spending money unless absolutely necessary, focusing only on essential expenses like a laptop and a place to live.

After raising money, many startups forget how to be scrappy and creative, which is often essential for success in the early stages.