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Busted or Confirmed? 3 Common Myths About Starting A Business

crowdSPRING Blog

Entrepreneurs fall into the trap of spending months crafting plans that may not actually fit the market by the time they begin building their company. Myth #2: You need a lot of money to start. Businesses do require some capital, but this doesn’t mean that every startup has to raise millions of dollars in seed money.

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Figuring Out FourSquare

Seeing Both Sides

At the same time, the foursquare team was incredibly skilled at applying lean start-up best practices, specifically: Product-obsessed founders : both Dennis and Naveen were consumed with the product. Hunch-driven : they had deep domain knowledge and didn't need outside studies or market research to guide their prioritization.

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