The Top 3 Mistakes All Startups Make

Every summer, talented, curious and ambitious young people gather from around the world to simulate in 15 days the launch of a startup and then pitch in front of real investors.The European Innovation Academy (EIA) has hosted these accelerators in Nice, France; Turin, Italy; Lisbon, Portugal; Doha, Qatar; and now Shenzhen, China.   As EIA president Alar Kolk advised the participants, “Find shark-bite size problems; not mosquito-bite size problems!”   The process is energizing, and full of highs and lows as the students strive to deliver a tech-infused product or service that will create value on a global scale. Rick Rasmussen, Director of Startup Programs at UC Berkeley, describes it as “organized chaos”.  

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