@andreasklinger wrote a nice piece on what first time founders do. I think the list is pretty spot on and I can honestly say we’re guilty as charged. :)

• They seek too much advice from too many sources with too many conflicting views.
• They plan details about sh*t that never sees the light of day.
• They spend hours of pitching to VCs that don’t invest into startups in their stage.
• They optimize their ToS before launch.
• They underestimate everything apart of one thing: Themselves.
• They validate their customer hypothesis with investors.
• They launch in one month.

and the list goes on and on. It’s quite hilarious to read if you ignore for a second the gravity of repeating these mistakes.

Unfortunately old and true advice tends to get ignored and not surprisingly, first time founders “think they won’t make the same mistakes as other first time founders.”