Simon Krystman

Serial Entrepreneur and Mentor for Startups, Simon is a passionate entrepreneur who has successfully set up and exited a number of businesses in the digital and innovation space over the past thirty years; most recently launching a suite of products for startups and early stage companies. His philanthropic activities involve crowdfunding for communities where he runs a crowdfunding platform to raise small amounts of funding for social causes, often working with MP's and other community leaders.

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The single biggest reason for startups failing – by far

I have been founding businesses for over 35 years and over that time I have managed to make almost all the mistakes possible when launching a startup. In the last 10 years I’ve also been involved in mentoring startups in various universities, business schools and incubators. It is clear that founders are still making many obvious mistakes: they continue to do the things they enjoy about a starting a business, rather than the things they need to do to make it successful.

Co-founding in the digital age

One of the biggest reasons for startup failure is ‘the wrong team’. I’ve been building startups with different co-founders for over three decades and have seen a lot of what goes wrong.