#1 Don’t overestimate an opportunity

One should avoid to make the most common mistake of overestimating an opportunity, just because you got a positive feedback. As per the expert, people in the Silicon Valley are naturally optimistic, opportunity oriented and do not tend to be critical. They’re open-minded and are always on a looking for the next interesting deal. But at the same time, they’re aware of the fact that they may not succeed sometimes, if the project doesn’t look extremely attractive. Hence, never be over-confident based on their expression, rather be realistic and in order to close a deal, be truly convincing to build the trust.