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" ... A common mistake for first-time entrepreneurs is that they are often not disciplined enough about making a value proposition that is simple. They try to build too many features early on, none of which work very well. Engineering is expensive and one can only bite off small chunks at any one time to do them well. It’s better to something that solves a specific painpoint, and then build from there toward your larger vision for the company, than to try to take on everything at once. That said, make sure what your building has the potential to be a real company. Sometimes entrepreneurs go in the opposite direction, and build features instead of companies -- ideas that ultimately can’t be segwayed into a larger vision down the road. ... "