Which mistakes have you learned the most from as an entrepreneur and investor? Home / / Which mistakes have you learned the most from as an entrepreneur and investor? Following are six lessons I’ve learned from mistakes in previous ventures over time: Product market fit is to the startup what location is to real estate. A team of passionate, coachable “villagers” is required to to scale a startup. Ideas are worthless without execution. Seek balance in your valuation and terms, not perfection. Select your co-founders carefully; make sure you are diverse in culture, background and experience and compatible in objective. Keep thou Balance Sheet clean! FundingSage goes into significant detail related to investable companies in their blog article entitled, Investable Companies: Is Your Startup Investable? Please click here if this helped you. 1 person found this helpful. Tags: Investable, Investable Company, startup lessons, startup mistakes ← Which mistakes have you learned the most from as an entrepreneur and investor?