This Startup Dialo3 Studio failed and the best lessons from mistakes I learned are :
I Entered the Market without proper research and knowledge
If you have enough money to invest in your idea, you can hire top talent and you don't necessarily have good knowledge about the business but for someone who is starting as a Solo Founder with no money could not hire top talent . So, that solo founder, only have option to first gain enough knowledge about that business, its target audience etc then launch. Otherwise, there are very few chances of Success
I was not passionated about that business idea and I just started it for some financial purposes
Any Business to be Successful takes a lot of time. There is always a process of grinding, consistency, patience, hardwork etc. All those could not be carried by a person who just started a business and thinking of it like a shortCut way of earning. Yes, it is true that Business has potential to make you rich but that is not overnight Success.
First Sale is the Hardest Step
When I see that in 1 - 2 months, things are not happening according to my Expectations, I quit. Later, I realize that first sale is the hardest step.
Bcz after that, you know exactly which things works and which not.
Any Suggestions and your Opinions about how a startup is failed mainly due to ... , drop in comments. I love that .
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