Know Enemies of Your Business





Why Startup Companies Fail




VadiK teachings Vadim Kotelnikov

Startup companies have many internal and external enemies. Here are the 9 Maxims of Venturing that are to be addressed effectively.

Vadim Kotelnikov, founder of 1000ventures - personal logo VadiK

Inventor Business e-Coach

Author Innoball

Founder Innompic Games icon


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Peter Drucker advice

Entrepreneurship is risky, mainly because so few of the so-called entrepreneurs know what they are doing.

Peter Drucker





The 12 Reasons Why Companies Fail

According to Terry Collison, Blue Rock Capital

①  Inadequate planning of the business

②  Inadequate planning of the business

③  Inadequate planning of the business  

④  Insufficient initial capital for start-up period and development stages due to inadequate planning

⑤  Mistaken estimate of market demand for product or service

⑥  Lack of management ability

⑦  Failure to select and use appropriate outside professional advisors

⑧  Inability to market product or services effectively

⑨  Over dependence on a single individual or on a predicted specific event

⑩  Failure to understand capital requirements of a growing business

⑪  Poor timing of expenditures and cash flow problems due to poor planning

⑫  Expedient rather than reasoned decision making



Elon Musk quotes on business, entrepreneurship, iunnovation, team, success, achievement

As much as possible, avoid hiring MBAs. MBA programs don't teach people how to create companies.

Elon Musk





Why Startups Fail

insightful lecture by
Dr. Manisha Acharya

Miss Innovation World
award winner




How to address venturepreneurial challenges and

build a successful startup company




Vadim Kotelnikov

InnoBall (Innovation Brainball) entrepreneurial simulation game will help you reduce risk, strengthen your venture and achieve much more

Vadim Kotelnikov, founder of 1000ventures - personal logo VadiK

Inventor Business e-Coach

Author Innoball

Founder Innompic Games icon





Learn from winners

Read & Watch
inspirational and educative

Success Stories of
3 Innompic Startups

  If you don't change the world, why do you exist at all? VadiK



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