7 Most Common Startup Mistakes To Avoid | Avelo Roy 

In this video, Avelo Roy outlines 7 of the most common mistakes that startups make. Avelo lists the common pitfalls that an entrepreneur, a startup must avoid to attain exponential success in business. The 7 mistakes are listed below
a. Trying to register company very early
b. Looking for an investor in the very beginning
c. Spending too much time and energy on logo
d. Building expensive Apps
e. Hiring employees at initial stage
f. Building product with help of students
g. Not ready for rejection
1. If you want to why Indian startups fail then watch this video.
2. If you want to know how to build a startup then watch this video.
3. If you want to know how to become an entrepreneur then watch this video.
4. If you want to know how to start up a new business then watch this video.
5. If you want to know how to generate regular income then watch this video
6. If you want to know more about entrepreneurial ideas then watch this video
7. For entrepreneurial motivation watch this video
8. For startup ideas watch this video
9. For Indian startup ideas watch this video
10. If you want to avoid burning cash for your startup then watch this video
11. If you want to know how to generate regular income then watch this video
12. If you want to know how to build a stable startup with less effort then watch this video
13. If you want to know how to incur regular profits then watch this video
14. If you want to know how to start a business with no money
15. If you want to know how to generate regular income then watch this video
[TIMESTAMPS]
00:00 - Introduction
00:38 - Don't Register the company
01:13 - Need for Investor
01:43 - Logo is not important
02:16 - App or Website
03:41 - Cofounders or Hire Employee
05:00 - building the product
05:52 - Be ready for rejection
08:17- Next Step
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Avelo Roy is currently:
MD, Kolkata Ventures (Kolkata)
Director, ECC Engineering Pvt. Ltd (Kolkata)
Board of Advisors, Amity University Online
Former Startup Advisor, Prime Minister of Nepal
Guest lecturer: Illinois Institute of Technology, Northwestern University, IITs (Delhi, Bombay, Kharagpur, Bhubaneswar, Goa, Hyderabad and Guwahati), IIMs and other universities.
Facts & Figures:
500+ speaking engagements in US & India, including White House Panel for Entrepreneurship Education, Startup America, Invest India @ Rashtrapati Bhavan, TEDx Talks, Josh talks and more.
150+ awards in India, US, Canada & China
1800+ startup mentees in India, US, Canada & China
Avelo Roy is a Serial Tech Entrepreneur, Investor & TV Host, who started his first startup at the age of 19 around his patent-pending technology while still studying as a computer engineer at the Illinois Institute of Technology. He built it to a multi-million dollar valuation by the age of 22.
He has built 8 Businesses in the US & India with multi-million dollars worth of products and services ranging from consumer electronics, artificial Intelligence systems, healthcare process automation, food science, wireless communications, wearable technology and graphical password applications.
As the great great grandson of Sarojini Naidu (Poet, Politician, and first female governor of India), Avelo continues the legacy forward by tirelessly serving the Indian youth through entrepreneurship education using lean startup methodology and principles of Bhagavad Gita. His efforts through Kolkata Ventures in the past 3 years have resulted in 400+ revenue generating startups responsible for around 4500 new jobs created in 10 states of East India.
Avelo’s management style is derived from the principles of Bhagavad Gita. He is an influential youth icon with a monthly reach of 200,000 youths over social media.