I love reviewing the Tnooz TLabs Showcase submissions and, perhaps rather morbidly, the subsequent 12-month follow-up TLabs Reprise, where we discover what went wrong (or right).
The problem, unfortunately, is that so many of the errors mentioned in the follow-up Reprise articles are so preventable.
For example, why do travel startup entrepreneurs think they have the golden key to unlock a significant consumer problem that travellers have, when so many have failed when addressing the same problem before?
However wrong an entrepreneur subsequently realises they are, it is perhaps worth asking why did they start down the road in the first place? Why did they start a process that for many ultimately ends in pure pain and failure.
There are several drivers. Do any of these match your mindset?
Read full story at:http://www.tnooz.com/2011/08/10/news/why-travel-startups-always-seem-to-suffer-from-the-same-problems/