Why Do Most Programmers Who Start Companies Fail?

If you're a programmer tired of the corporate grind, and thinking about starting a software company - watch out. I tried this twice and failed, but the third time went much better. Here are some practical tips to avoid pitfalls as a software engineer if you want to start a software company - and be successful! Join my Patreon:  https://thrivingtechnologist.com/patreon Learn about one-on-one career coaching with me: https://thrivingtechnologist.com/coaching TechRolepedia, a wiki about the top 25 roles in tech:  https://thrivingtechnologist.com/techroles The Thriving Technologist career guide:  https://thrivingtechnologist.com/guide You can also watch this episode on YouTube.  Chapter markers / timelinks: (0:00) Introduction (1:05) 8 Mistakes Programmers Make Starting Companies (1:19) 1. Picking a Product That's Fun To Build (3:54) 2. Choosing a Viral Business Model (6:26) 3. Overengineering (9:00) 4. Having a Fixed Mindset (12:59) 5. Spend Too Much Time Building The Product (15:14) 6. Poor Financial Management (18:27) 7. Failing To Build Networks of Help (21:18) 8. Low Self-Confidence Visit me at thrivingtechnologist.com