The Olympics are in full swing and the world is watching.Success and failures abound, personalit ies are shining(some shying away), and medals are getting handed out.So, what do the Olympics and startups have in common?

Here are the top 3 mistakes startup founders andOlympians should avoid.

An Olympic gymnast can practice the rings intheir own backyard all year long if theywant. However, if you talk to most of the toptier athletes around the world they wil l tel lyou that nothing beats training at yourcountry’s Olympic Training Center, if youhave the opportunity.

WRONG LOCATION

3 MISTAKES

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STARTUP FOUNDERSAND OLYMPIANSSHOULD AVOID

GOING IT ALONE

If you’ve got an idea for a great startup beingin the right city can make all the difference inthe world.

Every Olympian has a coach. Therelationship between coach and athlete isone that is more than just a matter ofmatching skil ls. It ’s about chemistry, it ’sabout connection, it ’s about matchingpersonalit ies and passions. No athletemakes it to the top without a great coach.

Just as no great athlete can make it alone,single founder companies have little chanceof making it big.

NOT GIVING IT YOUR ALLIf you’ve made it to the Olympics it ’s hard toimagine that you haven’t worked hard andaccomplished a lot. If you talk to thegreatest Olympic athletes you wil l f ind thatthere was a turning point, a moment whenthey made the mental transition from “Thisis important” to “This is everything”.

Running a successful startup is acommitment. Dipping your toes into it willnever result in earth shattering success.

by @Kanbanchi

Building a massively successful startup represents the same

obligation of time, effort, and energy as winning the Olympics!