Ideas, tips, and case studies – Avoid Your Startup Failure

  • How to avoid start-up failure: Regulatory issues

    How to avoid start-up failure: Regulatory issues

    Regulatory issues normally do not determine the success or failure of a start-up. Providing you conform to the rules laid down in your country regarding accounts, compliance, taxes, employment law, data protection etc. Even in the most business-friendly countries, there are a myriad of rules and regulations you must follow to stay within the law. Read more

  • How to avoid start-up failure: Price and Cost Issues

    How to avoid start-up failure: Price and Cost Issues

    CB Insights survey of 110 tech companies that failed found the price cost issues ranked number 7 on a list of twelve causes of failure with 15% of CEOs including this as one of the reasons their company failed. Businesses run on a simple formula, revenues or price minus costs equals profit. Get either your Read more

  • How to avoid start-up failure: Not the right team

    How to avoid start-up failure: Not the right team

    CB Insights lists not having the right team as number 7 on its list of twelve reasons Tech Companies fail. 14% of founders included this as the reason why their company did not succeed Building the right team requires correctly identifying the skill sets you need in-house, and understanding which can be outsourced. Then you Read more

  • How to avoid start-up failure: Mistimed launch

    How to avoid start-up failure: Mistimed launch

    CB Insights survey of 110 tech firms that failed ranked mistiming your product launch as the eighth leading cause of a start-up failure. 10% of business owners attributed their business failure to this cause. Mistiming your product launch can be subdivided into three categories. 1) You launch your product too early; this is probably the Read more

  • Case Study: Quincy Apparel – Part Four – A Review

    Case Study: Quincy Apparel – Part Four – A Review

    Quincy Apparel had the makings to be a successful business. The MVP tested using trunk shows demonstrated that the business concept resonated with potential customers. Trunk shows are events, often by invitation only, where garment manufacturers exhibit their creations to an audience of potential buyers. The founders responded to the feedback from early customers to Read more

  • Case Study: Quincy Apparel Part Three.

    Case Study: Quincy Apparel Part Three.

    In this post; Quincy Apparel launches its fall season. Sales are good, but the financial results are disappointing. Please read Quincy Apparel Parts One and Two to learn about the company’s journey so far. By now Quincy had raised $950,000. $250,000 from friends, family, and angel investors. The balance had been obtained from two venture Read more