Lessons from the Startup Ecosystem: mistakes, trends, and keys to success
We analyze the most common mistakes 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 Navajo, co-founder of Delvy Law & Finance, has spent over a decade advising entrepreneurs and investors. In this conversation, he reflects on the most common mistakes when starting a business, the importance of guidance in creating sustainable companies, and the trends shaping the future of venture capital.
COMMON MISTAKES IN ENTREPRENEURSHIP: WHAT EVERY FOUNDER SHOULD AVOID
One of the most frequent mistakes in startups is not establishing solid agreements between partners from the beginning. This leads to unresolved conflicts when disagreements arise between founders or investors due to the absence of a clear and structured agreement. “We have seen countless disputes between founders or with investors, and the lack of a good shareholders’ agreement only worsens the problem,” explains Navajo. Key aspects such as intellectual property, decision-making, or the possible departure of a partner should be defined from the outset to prevent future conflicts.
Another common mistake is neglecting brand protection. “Many companies are forced to rebrand because they discover too late that their name is already registered,” he points out. This is compounded by problems in basic legal aspects, such as terms and conditions on digital platforms. It is essential to ensure that the website and mobile application are properly regulated in compliance with data protection regulations.
SUPPORT AND COMMUNITY: THE KEY ROLE OF MENTORSHIP
Beyond capital, the success of a startup largely depends on access to knowledge and support networks. Navajo has driven initiatives such as Not Boring Club, an investment club that connects entrepreneurs and investors, and participates in Netmentora Catalunya, an organization dedicated to mentoring new projects.
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