Ep 72 - Got Funding? The #1 Mistake That Sinks Startups

In this episode of Tales from the Pros , I sit down with my co-host and our Director of Growth, Eric Lawrence, to talk about something that hits home for many founders: what happens after you get funding. You’d think raising capital is the hard part, but what often follows can be even tougher. So many startups make one critical mistake right after receiving funds: choosing the wrong development partner. We’ve seen this happen countless times. Founders get the runway, rush into development, skip validation, and end up burning through their budget with little to show for it. In this conversation, we dig into the emotional and financial cost of poor partnerships, why idea validation before development is essential, and how having funding can create a false sense of security. I share real experiences from our journey at Imaginovation , where a lack of planning and unrealistic expectations led to unnecessary setbacks. We also talk about how to approach these situations differently: plan early, document thoroughly, build trust with your team, and stay intentional at every stage. Because in the startup world, success doesn’t come from getting funded. It comes from what you do next. 🎯 Highlights You Won’t Want to Miss The emotional and financial impact of poor development choices – 08:58 Why validation before development can make or break your startup – 06:32 How proper planning and documentation prevent costly rework – 23:04 Building a lean MVP that encourages user-driven iteration – 20:13 🎧 Listen and

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Ep 72 - Got Funding? The #1 Mistake That Sinks Startups is an episode from Tales From The PROS by Michael Georgiou.

This episode is 32:34 long.

This episode was published on Oct 24, 2025.

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