Why Startups Fail

Why Startups Fail

Author: Tom Eisenmann

Publisher: Currency

Published: 2021-03-30

Total Pages: 370

ISBN-13: 0593137027

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If you want your startup to succeed, you need to understand why startups fail. “Whether you’re a first-time founder or looking to bring innovation into a corporate environment, Why Startups Fail is essential reading.”—Eric Ries, founder and CEO, LTSE, and New York Times bestselling author of The Lean Startup and The Startup Way Why do startups fail? That question caught Harvard Business School professor Tom Eisenmann by surprise when he realized he couldn’t answer it. So he launched a multiyear research project to find out. In Why Startups Fail, Eisenmann reveals his findings: six distinct patterns that account for the vast majority of startup failures. • Bad Bedfellows. Startup success is thought to rest largely on the founder’s talents and instincts. But the wrong team, investors, or partners can sink a venture just as quickly. • False Starts. In following the oft-cited advice to “fail fast” and to “launch before you’re ready,” founders risk wasting time and capital on the wrong solutions. • False Promises. Success with early adopters can be misleading and give founders unwarranted confidence to expand. • Speed Traps. Despite the pressure to “get big fast,” hypergrowth can spell disaster for even the most promising ventures. • Help Wanted. Rapidly scaling startups need lots of capital and talent, but they can make mistakes that leave them suddenly in short supply of both. • Cascading Miracles. Silicon Valley exhorts entrepreneurs to dream big. But the bigger the vision, the more things that can go wrong. Drawing on fascinating stories of ventures that failed to fulfill their early promise—from a home-furnishings retailer to a concierge dog-walking service, from a dating app to the inventor of a sophisticated social robot, from a fashion brand to a startup deploying a vast network of charging stations for electric vehicles—Eisenmann offers frameworks for detecting when a venture is vulnerable to these patterns, along with a wealth of strategies and tactics for avoiding them. A must-read for founders at any stage of their entrepreneurial journey, Why Startups Fail is not merely a guide to preventing failure but also a roadmap charting the path to startup success.


Going Out of Business by Design

Going Out of Business by Design

Author: Tom Pease

Publisher: Morgan James Publishing

Published: 2009-10-01

Total Pages: 220

ISBN-13: 1614482098

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The Small Business Administration says that 69% of all business do not last past 7 years and 56% not any longer than four years. There is serious monetary and relationship carnage in all this. What is really going on here? Going Out Of Business By Design will offer up reasons for this as well as compelling solutions. Mr. Pease writes from 29 years of personal experience and continues to operate his office equipment business. Going Out of Business By Design wants to help the Owner Entrepreneur be able to spot dangerous trends before they threaten the business. Going Out of Business By Design is particularly good at showing correct thought processes and how to creatively deal with all manner of business trouble. The book guides you through important topic such as establishing positive cash flow, correct pricing and selection of products, legal troubles and leadership methods. It also lets you in on what Pease considers to be the great secret to making a small business last and retain employees. Going Out Of Business By Design can serve as an Entrepreneur’s Owner’s Manual that you will refer to regularly.


Summary of The E-Myth Revisited

Summary of The E-Myth Revisited

Author: Readtrepreneur Publishing

Publisher: Readtrepreneur Publishing

Published: 2019-05-24

Total Pages: 86

ISBN-13: 9781690405368

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The E-Myth Revisited: Why Most Small Businesses Don't Work and What to Do About It by Michael E. Gerber - Book Summary - Readtrepreneur (Disclaimer: This is NOT the original book but an unofficial summary.) Do you want to put your struggling business back on track? Michael E. Gerber is here to help. In The E-Myth Revisited Michael Gerber tackles a large number of myths surrounding starting your own business and explains how these assumptions and misconceptions can really jeopardize your business. Never take in any knowledge without questioning it first and in this title, you are going to do just that with every single aspect related to starting your own business. (Note: This summary is wholly written and published by Readtrepreneur. It is not affiliated with the original author in any way) "Creativity thinks up new things. Innovation does new things." - Michael E. Gerber The objective of Michael Gerber in The E-Myth Revisited is to avoid starting with the wrong foot when building your own business because those early mistakes can really take a toll on your trade in the future. Don't start with the wrong foot so you can taste the fruit of your hard work faster! Michael Gerber knocks it out of the park creating a beginner guide that protects you from making silly mistakes and aids you on creating a successful business. P.S. The E-Myth Revisited is an extremely useful book that will aid you on paving the road for self-made success. The Time for Thinking is Over! Time for Action! Scroll Up Now and Click on the "Buy now with 1-Click" Button to Grab your Copy Right Away! Why Choose Us, Readtrepreneur? ● Highest Quality Summaries ● Delivers Amazing Knowledge ● Awesome Refresher ● Clear And Concise Disclaimer Once Again: This book is meant for a great companionship of the original book or to simply get the gist of the original book.


Why Businesses Fail

Why Businesses Fail

Author: Bob Weir

Publisher:

Published: 2018-09-10

Total Pages: 294

ISBN-13: 9780473442255

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What was the real reason for the failure of South Canterbury Finance and could it have been saved? Was it really the fall in coal prices that sank Solid Energy? Why did Pumpkin Patch collapse? Why do over 2000 small businesses go into liquidation every year in New Zealand? Why did David Ross defraud over $100 million from Kiwis¿ life savings in the failure of Ross Asset Management? Why did the leaders of these businesses make decisions that ultimately saw the demise of the business they led? Why do we all make decisions that we know are not likely to be good for us, whether in business or in life? To take a journey through the failures of kiwi business requires a journey through all our irrational minds. While failures were caused by factors such as excessive debt, no cash, external forces, weak governance, poor skills, failure to pay taxes and more, all can be linked back to the decisions people did or didn¿t make. This book is backed by the extensive research of leading academics, and interviews with the CEOs, CFOs and board members of failed businesses. It includes discussions with journalists, fraudsters, insolvency experts, lawyers, official information requests and much more. The author also shares details about his experiences within the corporate world, and the price he paid suffering a significant breakdown and four years battling depression dealing with the often irrational world that exists within business Take a journey through the irrational mind that we all share and see what part that mind plays in the success and failure of business. Share the background and the stories of those at the heart of these failures and many other real-life events in business in New Zealand and from around the world.


Why Companies Fail

Why Companies Fail

Author: Mark Ingebretsen

Publisher: Crown

Published: 2003

Total Pages: 328

ISBN-13:

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At the height of the global bull market a few years ago, business giant Kmart stumbled, going from one of the most admired companies to one of the largest bankruptcies in history. The same fate befell several seemingly impenetrable corporation, such as Enron, WorldCom, Polaroid, and others. Were these fantastic failures caused by a fickle stock market and a turbulent economy? Did they fall victim to the dot-com bubble of the late 1990s? Not according to business journalist Mark Ingebretsen in Why Companies Fail. As you'll discover in this groundbreaking book, all of these companies exhibited one or more of the ten characteristics of a doomed company--characteristics that have been shared by failed companies for decades. Kmart, Enron, WorldCom, and other corporations might have been saved if their executives had recognized sooner that their companies were exhibiting one or more of these characteristics. Ingebretsen, with the help of some of the world's most noted business management experts from the Turnaround Management Association, describes in startling detail each of the ten big reasons companies fail, including: - Letting stock price dictate strategy - Ignoring customers - Fighting wars of attrition - Innovating too much or too little - And more Inside these pages, you'll discover practical methods for identifying these fatal characteristics in your own organization and preventing them from leading to failure. No matter what the size of your company, the lessons in Why Companies Fail could be the difference between long-lasting success and sudden flameout. And before any company can go from good to great, it's got to be on the right track in the first place.This valuable guide will show you how.


Small Business Survival Book

Small Business Survival Book

Author: Barbara Weltman

Publisher: John Wiley & Sons

Published: 2006-05-19

Total Pages: 255

ISBN-13: 0471793965

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Owning a small business can be a fulfilling and financially rewarding experience, but to be successful, you must know what to do before starting a business; what to do while the business is up and running; and, most importantly, what to do when the business runs into trouble. With a combined fifty years of small business experience between them, authors Barbara Weltman and Jerry Silberman know what it takes to make it in this competitive environment, and in Small Business Survival Book, they show you how. In a clear and concise voice, Weltman and Silberman reveal twelve surefire ways to help your small business survive and thrive in today's market. With this book as your guide, you'll discover how to: * Delegate effectively * Monitor cash flow * Extend credit and stay on top of collections * Build and maintain credit and restructure your debt * Meet your tax obligations * Grow your business with successful marketing strategies * Use legal protections * Plan for catastrophe and disaster recovery Whether you're considering starting a new business or looking to improve your current venture, Small Business Survival Book has what you need to succeed.


Dream Killers

Dream Killers

Author: Gregory L. Walz, CPA,CVA

Publisher: Author House

Published: 2014-07-30

Total Pages: 273

ISBN-13: 149692679X

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The premise of this book is that all business ideas begin with a dream. More often than not the dream remains an unfulfilled fantasy that always can find a happy ending. However, every once in a while the dream becomes so intense that the dreamer decides to make it a reality. When this happens an entrepreneur is born and from that moment on there are numerous pitfalls that will threaten to turn the successful dream into a realistic nightmare. Most books on the subject of achieving success in small business are presented in a technical manner with specific procedures to follow and take the approach that if an aspiring entrepreneur follows the time proven steps the chances for long-term success with be improved. Why then do most small business ideas end up in failure? Using a lifetime of real world hands on experience with hundreds of small businesses this book deals with the real reasons most small businesses fail. These dream killers are the true causes of a dream's failure. They are mostly personal in nature and as such are generally avoided by how to books, consultants, and traditional advisors that tend to use a cookie cutter approach to every situation. Blending a lifetime of personal experiences in plain language with non-ambiguous answers to many of the pitfalls to success is intended to provide the reader with the benefits of knowing that there is nothing new in business and all small business is personal. Blending the two will often determine whether a business dream will come true.


Small Business Big Money

Small Business Big Money

Author: Akin Alabi

Publisher: Createspace Independent Publishing Platform

Published: 2017-09-30

Total Pages: 206

ISBN-13: 9781977555038

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Give Me Just 3 Hours And I Will Show You How To Start, Grow And Turn Your Small Business Into Your Personal ATM That Will Give You Money On A Daily Basis! Are you planning to start a business? Do you have a small business but you are not making enough money to cover your bills and live the kind of life you want? If you answered YES to any of those questions, this is the most important book you will ever read. Here's why; In this book, I shared the exact business and marketing techniques I used in starting my business from scratch and turning it into an empire that it has become today. You will discover valuable lessons like... 1. How to decide on the kind of business you should do 2. Why it can be a bad idea to sell what people NEED to buy 3. 7 commandments you must follow before you spend any money on advertising 4. How to get others to promote your business for you for FREE 5 How to price your products and services for maximum profitability 6. 10 factors you should consider before you quit your job to start a business 7.The full story of how I started NairaBET.com And lots more. Read this book, apply the lessons in it and watch your business transform into a cash minting venture. See you at the bank.