4 (Non-Typical) Reasons your Startup is Deemed a Failure

Posted by previsomedia under Management
From http://www.noobpreneur.com 2850 days ago
Made Hot by: maestro68 on July 9, 2016 12:28 pm

Here are four non-typical, yet critical reasons that can give you some ideas about the survivability and resilience of your startup.

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Comments

Written by lyceum
2844 days ago

Ivan,

OK, then I understand. We had to do that calculation once, at a startup that couldn't make it in the long run...

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Written by tiroberts
2847 days ago

It's so important that you try to minimize failure especially as a start up.

- 1 +

Written by previsomedia
2845 days ago

Ti,

True! However, we have to choose between playing the offensive or defensive game. By offensive, we can minimize failure by focusing on growth. By defensive, we bootstrap and avoid risky decisions. The choice is the founders' :)

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Written by lyceum
2847 days ago

Ivan: How do you figure out the expiration date of your business?

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Written by previsomedia
2845 days ago

Martin,

I think it's through a simple financial projection :) If my business keeps losing money at a certain rate every month, it's easy to predict when my capital will eventually runs dry - if we failed to turn things around, that is :)

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