The concept of “startup” has grown so big that its very essence has been mystified by industry norms, stories and the media. About 472 million entrepreneurs and 305 million startups are created each year. Of those startups, 1.3 million are tech-related. Irrespective of the industry, most of them fail. Why do 90 percent of startups fail to pull through?
6 insider secrets for turning your business idea into a runaway success
Simply having a great business idea doesn’t guarantee that you’ll soon be running a successful startup. You’ll need funding, a solid business plan and lots of luck. But, every once in a while, lightning strikes and a good business idea turns into a wildly popular startup. It could happen for you, too…
4 things older companies can learn from startups
There are a million ways to operate a business, but which way is most likely to lead to success? Startups tend to operate differently from long-established companies. Startup culture is flashy and fun, but sometimes older companies see these differences as immature.
While undoubtedly companies who’ve been successful for years...
How to use your business plan to get investors excited about your startup
Certain business plans stand out more than others for investors. You want yours to be one they get excited about. That excitement can quickly translate into the funding you need to launch your startup.
Consider these strategies for enhancing your business plan to ramp up excitement among target investors…
How to start a business in 17 steps
So you’ve decided to take the leap and start a new business. Congratulations! Making that decision might feel risky and overwhelming, but as the saying goes, “Fortune favors the bold.”
Creating your own business is a rewarding opportunity to achieve work-life balance while pursuing your passions. But it isn’t easy…
Should you pitch your startup to early-stage investors?
The decision whether to fundraise in the early stages of your startup can define the trajectory of your venture. Here’s an overview of why, when, and how to do it. Business angels and other early-stage investors usually have two main benefits to offer…
Your startup is like a jigsaw puzzle. Here’s how to add new pieces
In a year dominated by Covid-19, stay-at-home orders fuelled worldwide demand for an unexpected item: jigsaw puzzles. The interlocking tiles were a hot commodity throughout 2020, as people of all ages sought engaging ways to pass the time.
“There’s a global shortage of puzzles..,” Brian Way, co-owner…