9. Too much emphasis on what is done rather than what needs to be done

Startup organizations are never perfect since they are in the phase of growing. Young entrepreneurs being inexperienced always tend to believe that the previous decisions that got them the desired results are always right. They tend to build upon them rather than studying the situation and coming up with innovative idea. This creates stagnation which halts success. Entrepreneurs should always think about moving ahead with newer ideas and innovative strategies that synchronizes with the market situations.

10. Not paying attention to customers feedback

A business operates and revolves around its clients and customers. Decisions made without taking their feedback into account will certainly be a wrong idea. The feedback could certainly prove valuable to developing a product or service that boosts the overall performance of the organization. It is very crucial for a startup to maintain good relationships with its customers and give them what they want if it’s feasible. Unhappy or angry customers could take away the possibility of any future customer acquisitions.