List of dos and don’ts for a start-up

For my writing practice I have made up a list of dos and don'ts for a start-up. If you have something to add feel yourself free.

Dos:

1. Find out a really good business idea.
2. Make a really good business-plan and hire highly qualified personnel.
3. Be careful with start-up costs.
4. If you have your company's site examine if it is useful for your customers and it doesn’t have any technical problems.
5. Be sure your start-up prices meet the market situation.

Don’ts:

1. Don’t try to get the whole market at the beginning if you are not fully confident it is possible.
2. Don’t lost investors confidence in your start-up.
3. Don’t spend your investors’ money and first profits on lavish parties.
4. Don’t do poor management decisions.
5. Don’t spend too much money too soon. Every start-up has to have its stockpile for an emergency.