By Sarah Khogyani 

As the sagely advice goes, there is no better way to set yourself up for failure than by having grandiose expectations. The U.S. military took expectations for the perfect software-defined radio technology to a $6 billion level, only to have failed monumentally. We should not catalog this as a mistake to be forgotten, but rather, as a blueprint on how to avoid such time-consuming and finance-depleting blunders.

The Joint-Tactical-Radio-System (JTRS) Ground-Mobile-Radio (GMR) agenda launched in 1997 with goals of delivering 32 different waveforms all at once, or as Bauman describes, “a recipe for disaster.” The problem with this en masse approach was that hardware designs were changing incrementally.

by Vadim Slavin (StartupMonthly co-founder, COO)

StartupMonthly started as a grass roots movement in Silicon Valley but as many already know is quickly spreading to other parts of the worlds. Here is why. Firstly, it offers the entrepreneurship school which teaches (through hands-on workshops)

• how to articulate an idea
• how to perform effective Customer Development
• how to recruit the right co-founding team of capable people who will work well together
• how to convert an idea into a business model
• how to validate the business model and adapt it to the market needs

It’s an exciting time to be an entrepreneur!

Do you want to start a company? Have an idea? Maybe you already know someone who wants to work on it with you? That’s a good start. What about the tools and methodology to see it through?

“A Startup is a place where you work hard to build the product that you know customers will love so much that it’ll make you rich practically overnight.” High five!

Unfortunately, that’s wrong. It might’ve been the preferred definition before the dot-com bubble of 1995-2000, though, which would explain why so many companies went belly-up. That would include the startups where some of us worked. A moment of silence for those broken dreams… and luxury car leases.