Biz Features

Watch: Top 10 Mistakes of Entrepreneurs With Guy Kawasaki

by . November 19th, 2015

Controversial bestselling author, serial entrepreneur, and venture capitalist Guy Kawasaki knows more about start-up mistakes than anyone.

This Vietnam veteran is definitely best known as the entrepreneur’s entrepreneur as a noted venture capitalist, albeit a very controversial one, with regards to his views on investments. But few can dispute that Guy Kawasaki has seen it all, from bankruptcy to runaway success.

In this talk with students and faculty of the Berekley Haas School of Business, the second oldest business school in the United States, he gives us what he feels are the most common mistakes start up entrepreneurs make.

It’s a bit long but you can scroll down to and click on the time at the end of each point to skip to that part of the video.


The Top 10 Mistakes of Entrepreneurs according to Guy Kawasaki


Mistake 1: Multiply big numbers by 1 percent (8:37)

Solution: Calculate from the bottom up


Mistake 2: Scale too fast (14:07)

Solution: Eat what you kill


Mistake 3: Form partnerships (17:50)

Solution: Focus on sales


Mistake 4: Focus on pitch (20:00)

Solution:  Focus on prototype


Mistake 5: Use too many slides (22:40)

Solution: Obey the 10-20-30 rule


Mistake 6: Proceed serially (33:08)

Solution: Proceed parallelly


Mistake 7: Retain control (34:29)

Solution: Make a bigger pie


Mistake 8: Use patents for defensibility (39:48)

Solution: Use success for defensibility


Mistake 9: Hire in your image (44:29)

Solution: Hire to complement


Mistake 10: Befriend your investors (45:38)

Solution: Exceed expectations


Check out Berekley Haas School of Business’s YouTube channel for similar entrepreneurship and start-up topics from other speakers.

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