We analyze the most common errors that the founders make and the importance of mentorship with Josep Navajo, founder of Delvy Law & Finance
By Mercedes Galán
The world of startups is a dynamic landscape, full of opportunities but also obstacles. Josep NavajoThe co-founder of Delvy Law & Finance spent more than a decade advising entrepreneurs and investors. In this conversation, he reflects on the most common errors when the start of a company, the importance of advice in the creation of sustainable businesses and trends shaping the future of venture capital.
Current errors in entrepreneurship: what each founder must avoid
One of the most frequent errors in startups is not to establish solid agreements between partners from the start. This leads to unresolved conflicts when disagreements arise between the founders or investors due to the absence of a clear and structured agreement. “We have seen countless disputes between the founders or with investors, and the absence of a good shareholders’ agreement only makes the problem worse,” explains Navajo. Key aspects such as intellectual property, decision -making or the possible departure of a partner must be defined from the start to prevent future conflicts.
Another current error is to neglect the protection of the brand. “Many companies are forced to rename themselves because they discover too late that their name is already recorded,” he said. This is aggravated by problems in basic legal aspects, such as the terms and conditions on digital platforms. It is essential to ensure that the website and the mobile application are properly regulated in accordance with data protection regulations.
Support and community: the key role of mentorship
Beyond the capital, the success of a startup depends largely on access to knowledge and support networks. Navajo motivated initiatives such as Not boring cluban investment club that connects entrepreneurs and investors, and participates in Netmentora CatatunyaAn organization dedicated to the mentoring of new projects.
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