Archive for July, 2007

Scattered Resources

Thursday, July 5th, 2007

Lack of focus is a common issue that I see every day.

To me, the biggest mistake for early stage companies is to try addressing
multiple problems and markets at the same time. They will end up spreading
their resources thin and fighting competitors on multiple fronts.
For startups with limited resources that is not the most efficient approach.

Focus on one problem and one market to start with. You can always expand
to other areas after proving yourself in one.