Biggest Startup RED FLAGS 🚩🚩🚩#short

These are the biggest red flags I look for when I'm getting pitched by a startup. If I see any of these, I am OUT! Are you guilty of any of these?

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[kylerodgers]

Biggest red flag: when the startup sells giant red flags

[Mr.BobsDog]

Other red flags are that the founders include:
Adam Neumann
Elizabeth Holmes
Trevor Milton
Gavin Belson
Jian Yang
Erlick Buckman

[michaelb]

Not all startup founders need to know the bells and whistles of how to build the tech. Ie: code. So many successful founder made it as a PM. And in contrast so many failed startups had founders that knew how to code. Although the later is better but it’s not impossible if you don’t know how to code - just a lot of work, dedication and team building.

[FreeSpeechEmpire]

I love the fact that people like Justin exist. People create paid mentoring programs to teach the stuff Justin says in his shorts.

[FBi_.]

Justin is the real OG dropping some knowledge on us

[beardscript]

As always, thanks for the great advice, Justin!

[robertodeangelo]

Most projects have two founders. Both Founders don’t need to be technical, however one should be. What’s important is they need to understand the market they’re pursuing intimately and what to build. Two technical founders who lack social skills and business experience is not a good combination. I evaluate the experience of startups with a team of 5 to see how well rounded they are.

[getboxhero]

Great advice as we continue to build our startup.

[McChaze]

I can't agree with the second one. My team and I have built a lot of software products for many startups: end-to-end solutions, MVPs, sometimes team augmentation. Founders focused on operations, funding, sales, and we focused on development. It was always great cooperation. So many great memories, so many successful startups and products. But I'm sure there were multiple failures of the founders who chose not experienced software houses. We've also fixed a number of projects like that.

[cocobjorn]

Love your content Justin 💪

Question: do you ever Invest in hardware startups?

[crazieeez]

Calendly founder hire a developer team in Ukraine to build his startup. Calendly is a unicorn. Its existence solves a simply yet critical problem in the market, scheduling (not calendar). They narrow the features to the very basic and deliver extremely high value for just that, scheduling (not calendar).

[RenaissanceShe]

Nah.
According to this logic, only software developers should launch tech startups.
This logic totally ignores domain expertise, something devs almost never have, so guyz like you fund dudes like them and the rest of us get tech rage from products that just don't get the problem.

[rayclaims]

Why can't a non-dev build a software company?
If they have the passion and the industry knowledge and find good devs, then why would they need the dev knowledge?
Wouldn't you want a good dev/founder to hire other devs so they can work on the business instead of on the code?

[moseskan]

Hey Justin, I’m not sure if you knew this but Amazon in the beginning startup days was built by 2 programmers and Jeff Bezos was handling the business side of the company. I agree/disagree on the second point you mentioned. If they haven’t built a product then yes I agree, but if they have a software IT tech side that created the product and is established to some degree then I disagree. Let me know what you think about that.

[addarshchandrasekar]

Calendly wasn’t built by the founder initially. Clearly this is not a red flag always.

[Reptiluka_]

"People are pitching a technology startup but they can't build technology"

[thecowegg]

Pitching is all about bull shitting. Period

[chrisxdn]

Over hype and heavy name dropping is so real

[AndreyAzimov]

Wow, short and straight to the point! Please do this short format more, so good!

[KismetBP]

So true. Some of these are red flags on not just startups but when you work with other businesses or work with people. Great stuff. 👍