The 12 Reasons Why Companies Fail

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 due to poor planning

⑫  Expedient rather than reasoned decision making Download PowerPoint presentation, pdf e-book

 

Peter Drucker advice

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

Peter Drucker

Thought Leader

 

 

 

  

 

 

Success Story
of Mefodi's '
AmaThe'
performing arts school for kids

by
Dennis Kotelnikov

Innompic Games
Mr Innovation World
award winner

 

    

 

 

3 Thinking Your Need for a Successful Startup  ▪  Startup: 10 Keys to Success