Startups Should Avoid Wasting Money on These Things

You should avoid wasting money on these things

Photo by Mikhail Nilov on Pexels

The temptation to spend unnecessary money at the very beginning.

Every newbie founder never knows what it is like to start a new business or startup. Mostly, they imagine how they would impact the market with their newly-found idea to solve a problem.

Before the launch, they picture how wonderful it would be to own a business and feel pretty proud of themselves (sounds familiar?).

Well, I wonder if you always have savings nobody else knows about.

Do you set aside cash somewhere that even your wife doesn’t know about?

Life has taught me that having some savings somewhere is healthy for marriage, healthy for business, and healthy for you as a man.

Anyway, we’re getting off track.

Now, what business expenses should startups avoid wasting their money on at the very beginning?

1. Lavish Office Space

You run through your thoughts, and you visualize yourself in this classy space with clients on the other end of the table. Those temptations of a sexy office space make you think the office will make you money.