Why Startups Fail

Why Startups Fail
Author: Tom Eisenmann
Publisher: Currency
Total Pages: 368
Release: 2021-03-30
Genre: Business & Economics
ISBN: 0593137035

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.

21 Secrets of Successful Startups

21 Secrets of Successful Startups
Author: Sam Wong
Publisher: Execution Matters
Total Pages: 185
Release: 2019-04-01
Genre: Business & Economics
ISBN: 1733574212

Thousands of entrepreneurs aspire to start and build companies that disrupt markets and transform the business landscape. Most start with a novel idea, assemble a team of founders, fashion a business model, and begin the long road to raise funds. Unfortunately, 95% of startups fail or dramatically miss expectations. However, industry analysts, advisors and investors agree that great execution maximizes the likelihood of success. After serving as an executive for five different startups, Silicon Valley advisor Sam Wong can provide unique execution guidance for founders, entrepreneurs and leaders. 21 Secrets of Successful Startups draws upon the battle scars of 30 years of victories and defeats to present actionable advice, guidance, and frameworks spanning numerous topics related to startup execution, fundraising, talent and lifestyle. Whether you are thinking of launching a company or are currently working to grow, fund, and scale your startup, 21 Secrets of Successful Startups provides a playbook to build your startup and achieve success.

Secrets to a Successful Startup

Secrets to a Successful Startup
Author: Trevor Blake
Publisher: New World Library
Total Pages: 298
Release: 2020-01-28
Genre: Business & Economics
ISBN: 1608686671

Everything You Need to Start and Succeed in Your Own Venture Trevor Blake built three successful startups and sold them for more than $300 million. Now he’s written a complete instruction manual that covers everything the budding entrepreneur or existing business owner needs to know to build the career or business of their dreams. Unlike the many theoretical guides out there, this is a practical handbook based on Blake’s wildly successful in-the-trenches experience. It incorporates leading-edge strategies that cover every aspect of running a business — including funding, developing systems, and marketing. Blake presents in-depth insight into managing effectively, maintaining cash flow, and adapting to the changing needs of customers in volatile economic times. One of his most innovative contributions is an emphasis on cultivating the right mindset, and he tells you exactly how to do that. “The secret to success isn’t in the plan,” he writes. “It’s in the person holding it.” His proven methods will give you the confidence to take the entrepreneurial leap and turn your winning idea into an efficient, profitable company.

Startup Success

Startup Success
Author: Gordon Daugherty
Publisher:
Total Pages: 240
Release: 2019-09-23
Genre:
ISBN: 9781632992451

You've got yourself a startup! But now where's the funding going to come from? In this day and age, creating a startup seems to be an easy process. After some meetings with an equally passionate cofounder, you discover you have a creative idea, the outline of a business plan, and a willingness to spend nights and weekends doing really hard work. But most startup founders have never run a company--much less had to secure funding to reach crucial milestones. If you don't get the funding you need, you may either make progress at a snail's pace, or you may have to give up altogether. With stakes this high, improving a startup founder's odds of fundraising successfully--even just a little--can make a huge difference in the outcome of a venture. In this informative and enlightening book, Gordon Daugherty demystifies the fundraising process that takes place during the early phases of a startup's evolution. Every founder cares about the valuation they will be able to negotiate with investors, and anyone who has attempted fundraising has encountered numerous debates about the valuation they're asking for. Startup Success dedicates a whole chapter to negotiating valuation, which, in the end, involves a serious combination of art and science to execute effectively. Daugherty's book serves as a valuable educational and planning tool for use before the fundraising campaign begins and a reference guide for interacting and negotiating with investors after things get underway. Startup Success is written in a logical sequence that follows the general life cycle of planning and executing a successful fundraising campaign. Actionable tips, tricks, and aha realizations will have readers dog-earing pages and highlighting passages for future reference. The author's own words tell it all: "I decided to write something different that best exploits the gray in my hair and the hard lessons I've learned." Any startup founder, advisor, or angel investor--regardless of their experience level--will come away with improved skills and an increased knowledge base. Gordon Daugherty is a seasoned business executive, entrepreneur, startup advisor, and investor. He has made more than 200 investments in early-stage companies as a venture fund manager and angel investor, and he has been involved in raising more than $80 million in growth and venture capital.

The Lean Startup

The Lean Startup
Author: Eric Ries
Publisher: Crown Currency
Total Pages: 337
Release: 2011-09-13
Genre: Business & Economics
ISBN: 0307887898

Most startups fail. But many of those failures are preventable. The Lean Startup is a new approach being adopted across the globe, changing the way companies are built and new products are launched. Eric Ries defines a startup as an organization dedicated to creating something new under conditions of extreme uncertainty. This is just as true for one person in a garage or a group of seasoned professionals in a Fortune 500 boardroom. What they have in common is a mission to penetrate that fog of uncertainty to discover a successful path to a sustainable business. The Lean Startup approach fosters companies that are both more capital efficient and that leverage human creativity more effectively. Inspired by lessons from lean manufacturing, it relies on “validated learning,” rapid scientific experimentation, as well as a number of counter-intuitive practices that shorten product development cycles, measure actual progress without resorting to vanity metrics, and learn what customers really want. It enables a company to shift directions with agility, altering plans inch by inch, minute by minute. Rather than wasting time creating elaborate business plans, The Lean Startup offers entrepreneurs—in companies of all sizes—a way to test their vision continuously, to adapt and adjust before it’s too late. Ries provides a scientific approach to creating and managing successful startups in a age when companies need to innovate more than ever.

Successful Startups

Successful Startups
Author: William A. Benjamin
Publisher: TBG Publishing, LLC
Total Pages: 290
Release: 2010
Genre: Entrepreneurship
ISBN: 9780615299136

America’s Most Successful Startups

America’s Most Successful Startups
Author: Max Finger
Publisher: Springer Science & Business Media
Total Pages: 183
Release: 2013-06-29
Genre: Business & Economics
ISBN: 3663092526

Der wirtschaftliche Einfluß schnell wachsender Unternehmensneugründungen wächst zunehmend. Das Know-how erfolgreicher Unternehmensgründer wird somit zum Schlüsselfaktor des Unternehmenserfolgs. Dieses Buch bietet einen anwendungsorientierten Leitfaden für die erfolgreiche Gründung eines eigenen Unternehmens. Es basiert auf einer erstmals durchgeführten Interviewstudie mit Firmengründern und Aufsichtsratsvorsitzenden (Chief Executive Officers; CEOs) der erfolgreichsten High-Tech-Start-ups in Silicon Valley und Massachusetts sowie mit Risikokapitalgebern, Investmentbankern, Rechtsanwälten und Technikern. (The economic impact of high-growth startups is steadily increasing. Against this background knowledge regarding new venture creation is one of the key factors for success. This book presents hands-on lessons for starting, building and growing a successful company. The research is based on more than one hundred interviews with the founders and chief executive officers of America ́s most successful high-tech start-ups in Silicon Valley and Massachusetts as well as venture capitalists, investment bankers, lawyers and technologists involved.)

Social Startup Success

Social Startup Success
Author: Kathleen Kelly Janus
Publisher: Da Capo Lifelong Books
Total Pages: 258
Release: 2018-01-16
Genre: Business & Economics
ISBN: 0738219916

With business advice from an expert entrepreneur, learn how to identify and leverage the key factors that will bring sustainability and success to your startup. Kathleen Kelly Janus, a lecturer at the Stanford University Program on Social Entrepreneurship and the founder of the successful social enterprise Spark, set out to investigate what makes a startup succeed or fail. She surveyed more than 200 high-performing social entrepreneurs and interviewed dozens of founders. Social Startup Success shares her findings for the legions of entrepreneurs working for social good, revealing how the best organizations get over the revenue hump. How do social ventures scale to over $2 million, Janus's clear benchmark for a social enterprise's sustainability? ​Janus, tapping into strong connections to the Silicon Valley world where many of these ventures are started or and/or funded, reveals insights from key figures such as DonorsChoose founder Charles Best, charity:water's Scott Harrison, Reshma Saujani of Girls Who Code and many others. Social Startup Success will be social entrepreneurship's essential playbook; the first definitive guide to solving the problem of scale.

High Tech Start Up, Revised And Updated

High Tech Start Up, Revised And Updated
Author: John L. Nesheim
Publisher: Simon and Schuster
Total Pages: 348
Release: 2000-09-22
Genre: Business & Economics
ISBN: 0743203356

This revised and updated edition of Nesheim's underground Silicon Valley bestseller incorporates twenty-three case studies of successful start-ups, including tables of wealth showing how much money founders and investors realized from each venture. The phenomenal success of the initial public offerings (IPOs) of many new internet companies obscures the fact that fewer than six out of 1 million business plans submitted to venture capital firms will ever reach the IPO stage. Many fail, according to start-up expert John Nesheim, because the entrepreneurs did not have access to the invaluable lessons that come from studying the real-world venture experiences of successful companies. Now they do. Acclaimed by entrepreneurs the world over, this practical handbook is filled with hard-to-find information and guidance covering every key phase of a start-up, from idea to IPO: how to create a winning business plan, how to value the firm, how venture capitalists work, how they make their money, where to find alternative sources of funding, how to select a good lawyer, and how to protect intellectual property. Nesheim aims to improve the odds of success for first-time high-tech entrepreneurs, and offers an insider's perspective from firsthand experience on one of the toughest challenges they face -- convincing venture capitalists or investment banks to provide financing. This complete, classic reference tool is essential reading for first-time high-tech entrepreneurs, and entrepreneurs already involved in a start-up who want to increase their chances of success to rise to the top.

Secrets From Successful Startups

Secrets From Successful Startups
Author: LYDIA DANTZLER
Publisher: LYDIA DANTZLER
Total Pages: 109
Release:
Genre: Business & Economics
ISBN:

The core of the company is the CEO, every great business is created by a great director, such as Lenovo's Liu Bei Chi, Truong Thuy Man of Haier, or Bill Gates of Microsoft. The process of development of a great business is the process of puping into butterflies, having to deal with many uncertainties on the way of starting a business, to be able to predict, to be persistent, to be persistent ... all things. hey, without a great CEO there would have been no great way to handle it. It is true that there is a saying that soldiers are pungent alone, generals are energetic in their army and business as organizations that must do business and earn profits in society. Finding a good CEO is half the success. A lion leading a pack of goats can defeat a goat leading a pack of lions. The General Director is the key to collective formation and development. Excellent and excellent General Directors who detect, solve problems, have unique solutions and analytical mind with the trends and prospects of the industry, have detailed plans with short, medium and long-term goals; he can encourage collective morale, convey experience. He makes people who are capable, willing, determined to live and die with the business owner; encourage members who are competent but not willing; improve the quality of willing and incompetent members.