Learn from others mistakes; you will not be in business long enough to make them all yourself
Why Startups Fail Podcasts.
If you prefer listening to reading, you can hear the original podcasts here.
The second most common cause of failure was that there was no demand for the product or service. How can you avoid spending hours and money developing your business only to find that no one, or at least not enough people, wants your product or service?
Using real-life examples learn how you will outcompete your competition
A flawed business plan does not allow you to make enough revenue to cover your costs and deliver a decent return on your investment. Learn two simple tests that will ensure your plan makes sense,
Triangulate suffered from a “False Start”. What is it and how can you avoid it?
Sunil Nagaraj’s reflections on why his online dating business failed.
Why Triangulate failed to go viral. “When virality hits, it happens within a few months and you have had a few months”
Learn the initial difficulties Triangulate faced and how this led to its first pivot,
There are times when a start-up is breaking new ground and the regulators are playing catch up to the new realities. This can, in extreme cases, destroy an entire marketplace. Learn how disruptive companies fell foul of government regulations.
Businesses run on a simple formula, revenues or price minus costs equals profit. Get either your pricing or costs wrong and you lose money; no start-up can lose money for long. Learn about the common pricing mistakes that start-ups make and how to control your burn rate.
Building the right team requires correctly identifying the skill sets you need in-house, and understanding which can be outsourced. Then you must find and hire them. Start-up hiring is different; learn how to build the right team.
Launch now or wait for perfection? Does the first mover always have the advantage? Learn how to time your product launch to perfection.
Why did this promising start-up fail? I suggest reasons for the company’s downfall.
Quincy launches its fall/winter collection; expansion brings problems; staffing is less than optimal.
In this post, I continue to look into why a promising start-up, Quincy Apparel, that had everything going for it, failed. Today I look at the launch of their first season.
Quincy Apparel – was a promising start-up with all the right ingredients. This is a business that should not have failed, But it did.
Ensure your product is fit for purpose before you launch. Learn from classic product failures from some of the largest companies in the world.
“Entrepreneurs, co-founders, employees, and investors do not always see eye to eye. To improve your team’s relationships get some tips from this podcast.
A pivot can lead to great success as it did for Paypal, but get it wrong and you could lose your business, Learn how to get it right.
Surprisingly Burnout and Boredom can lead to business failure. Learn how you can reduce the risk of this happening to your team