According to a CBInsights report in 2021, the key cause of startups’ demise is that they run out of money and are unable to secure new capital. 38% of the 111 startups in their survey failed due to financial unsustainability; for example, Daqri spent $250 million and was unable...
Innovify highlighted the importance of Ideation, the Eureka moment when you realize that your idea has the power to change the world and much more; which triggered interesting discussion points. Maulik Sailor addressing the attendees ...
It’s a big mistake to wait to publicly launch the product once it’s perfect. For example, startups spend (or waste) time and money building features which are the least important against the value proposition and delay the Go-To-Market date. ...
Being passionate about the idea is great but it can blind people into wanting to achieve perfection. ...
HERE ARE THE MOST COMMON MISTAKES THAT BLOCK CREATING A MOTIVATED TEAM ALIGNED TO BUSINESS GROWTH… 3. The wrong team THE TEAM...
5. Founders often start with a great idea and think they have everything to make it a success. However, there’s only so much one can do and they need different skills to deal with different aspects of the business. At times, all a founder brings to the table is just the idea and possibly some passion. However, ideas are worthless and passion can wither away with...
It’s astonishing how few companies and entrepreneurs take advantage of the biggest asset the Internet provides: Easy access to global talent and competitive prices. Despite the ability to pick and choose from a global field, many players of the startup eco-system stay stubbornly focused on their immediate physical location. ...
As entrepreneurs, we put our business model together, with beautiful graphs of growth – either linear or as a curve and look forward to unfettered success. In fact, after the slog of launching a product you may well be enjoying the fruits of that success. ...