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.


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.


A Tale of a Business Failure

A Tale of a Business Failure

Author: John D. Davis (CPA/ABV.)

Publisher: Danbury Publishing Company, Limited

Published: 2009

Total Pages: 292

ISBN-13: 9780982421703

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A Tale of a Business Failure is a story of how a highly successful company quickly eroded and failed. The impact of the company on the shareholders' lives modified behavior and decision-making to the point that the company was directly affected. The tale captures the intensity of a struggling business through a shareholder's direct perspective. Although this story is about one company, the lessons are deep and far reaching. Anyone the currently owns a business; is contemplating owning a business; is involved with a business as a consultant, banker, lawyer or advisor, is a business educator; or is a student of business will benefit from reading this story.


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.


The No B.S. Small Business Book: How to Win When Most Fail

The No B.S. Small Business Book: How to Win When Most Fail

Author: Casey Graham

Publisher: Houndstooth Press

Published: 2022-01-25

Total Pages: 260

ISBN-13: 9781544524085

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Most business books are filled with B.S. "Hack this!" "10X that!" "Guaranteed!" But the business success you want isn't hidden inside thousands of buzzwords. Massive success only comes when you get massively clear about the one outcome you can control in your business: YOU. In The No B.S. Small Business Book, you will learn how to get ruthlessly honest about yourself, your business, and what you really want from both-and how to get it. You'll roll up your sleeves and get your hands dirty, applying practical business strategies gleaned from decades of experience building and exiting successful companies. If you want to gain massive traction from achieving massive clarity as you take massive action at all levels of business and life as a no-B.S. business owner, then buckle up... This is the business book you've been waiting for.


How to Ruin a Business Without Really Trying

How to Ruin a Business Without Really Trying

Author: MJ Gottlieb

Publisher: Morgan James Publishing

Published: 2014-10-07

Total Pages: 195

ISBN-13: 1614489793

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When life hands you lemons what do you do? Well complaining certainly doesn't help anything, and nobody really listens anyway. Truth is, most successful people have failed their way to the top. For every successful person that you see, what you don't see is the trail of bankruptcies, failed partnerships, and pricey mistakes that made them who they are today. So does that mean every entrepreneur has to go through the same horrors, heartaches and pain? Is there any way to avoid this? Well one way is to learn from the experiences of others. . . MJ Gottlieb's How To Ruin A Business Without Really Trying takes a new and exciting approach to help entrepreneurs by telling them what “not” to do. The book uses fifty-five painstaking, yet hysterical tales throughout MJ Gottlieb’s 21-year journey as an entrepreneur to highlight some of the most prevalent and destructive mistakes entrepreneurs make when running a business today. Truth-be-told, entrepreneurs simply do NOT like to be told what to do. Learning from the mistakes of others however, takes the ego out of the equation so entrepreneurs can learn objectively, while still allowing them to enjoy the freedom of their own experience.


Fail-Proof Your Business

Fail-Proof Your Business

Author: Paul E. Adams

Publisher: Adams Hall Pub

Published: 1999

Total Pages: 302

ISBN-13: 9780944708569

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While there are many books on entrepreneurship, there is none on how to avoid failing. Fail-Proof Your Business shows the telltale warning signs of failure and how to deal with them. It also shows how to prevent potentially fatal business problems from occurring in the first place as well as how to save a business that's already in trouble. In addition, this book offers special, often overlooked strategies for business success. Book jacket.