In my previous post I talked about how you would probably be the first at founding a new, fill in the blank, in Egypt and how awesome that is. But as you might have guessed from the title, being the first or having those 'don't count' competitors also has its drawbacks. If they were not avoided, being the first would become your weakness rather than your strength. Did you think life was that simple!
This applies to startups in general; it's not specifically just in Egypt but pretty much everywhere. I've had the chance to work in several startups that are all leaders in one thing or another, and from my work experience I've noticed two main drawbacks.Read More