How Poor Leadership Choices Turn Into Startup Schemes
Bad decisions can turn a startup into a scheme, which is one step away from a scam
When is a startup not really a startup? It’s a surprisingly necessary question.
If you’ve ever been burned getting too close to a startup that isn’t really a startup, that’s a mistake that you probably won’t make twice.
Unless you’re Softbank.
But if you’ve never been up close and personal with a startup scam, scheme, or simply a cascade of poor leadership choices made by a CEO who really shouldn’t be a CEO, the temptation to hop on board what seems like a deep-pocketed, world-changing gravy train can be overwhelming.
That’s how scams work.
There’s a lot of money to be made in entrepreneurship. I don’t want you to fall into the same money trap I see both new and veteran entrepreneurs get caught in over and over again.
The Temptation To Believe Perceived Value
Let’s put it in more understandable terms — or maybe less understandable. The question “Is a startup really a startup?” comes from the same place as the question, “Does an NFT really have any value?”
