====== 5 Mistakes Entrepreneurs Make ====== Lifted from a speech by a silicon valley entrepreneur - from umbc grad class. 1) Unclear Goals / Mission what is our measure of success 2) Ego-gratification: trying to prove you are smart 3a) Greed: doing it for money not raising enough capital 3b) Not distributing the equity as widely as possible dont be stingy 4) Hiring people that they like, not who they need a company / venture is not a social club respect people that you dont like 5) Not knowing when to let go what are you good at, and not good at bring in ppl who fill your skill sets know when to step aside