First Republic Bank is a full-service bank and wealth management firm built in a distinctive way – with client service at the forefront and a solid commitment to responsiveness and action.



 

The Health Extension community is committed to collaborative action to extend healthy and happy human lifespans to 123 years and beyond. Our members are scientists, entrepreneurs, and social influencers dedicated to fixing the degenerative cellular processes that cause deadly human diseases.

 


SVHealth Meetup is a hub for enterprises, organizations and investors to present opportunities, provide mentorship and engage in conversation with Silicon Valley's developer the entrepreneur community.

Are You Too Infatuated With Your Startup Idea?

Posted by Amity Sims on 2014-07-11

Inside FI gives you exclusive access inside the training sessions of the Founder Institute. To get updates when we release new videos, follow us on Twitter or subscribe to our weekly newsletter here.

One of the biggest challenges for new entrepreneurs is trying not to fall in love with your idea. Being blinded by love, leaves startup founders vulnerable to making bad decisions, like squandering VC money and ignoring customer needs. Instead, in this talk from the Berlin Founder Institute, Ofer Akerman advises new founders to stay mindful, and remember - “Investors don’t give you money to stay in love. They give you money to make more money.”

Ofer Akerman is the CEO of hiogi and a mentor for the Berlin Founder Institute, which is currently accepting applications for the upcoming Spring Semester. Click here to learn more and start your application today.

In addition to his initial warning, Ofer Akerman offers valuable advice on ideation and shares how he has untilized outsourcing for all his businesses.

 

                              

Like this article?

Feedback Form

We welcome your feedback to improve the Institute. Please contact us using the form below, and we will get back to you promptly.
Your Email Address:
Message to the Institute:
What is ? (enter the answer below):
Close Window