Focus is one of the most important traits for startups, as it allows them to concentrate their limited resources on a single goal, enabling them to compete against larger companies that are spread thin across many projects.

Being absolutely 100% focused on your startup's mission is a significant advantage over larger companies, which often juggle multiple priorities.

Frugality is essential for startups; a good indicator of success is the input to output ratio, meaning you should aim to achieve more with less.

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

To succeed, startups should focus on producing a high output with minimal input, effectively amplifying their time and money.