Diary of a Failed Startup
So, here's the collection of lessons learned.
Advice = Limited Life Experience + Overgeneralization
If your idea starts with "We're building a platform to..." and you don't have a billion dollars in capital, find a new idea. Now.
It's a marathon, but it's a marathon made of sprints
Initial conditions matter. A lot.
Developing in a vacuum never works.
Beware the chicken and the egg.
Prototype any 3rd-party libraries that you'll be depending upon, before you base your product on them.
If you're doing anything other than building your project and getting users, it's premature.
The product will take longer than you expect. Design for the long-term.
People have an incentive not to crush your dreams. Take everything they say with a grain of salt.