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23 Reasons Why Businesses Fail And What You Can Do About It
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Book Synopsis Why Startups Fail by : Tom Eisenmann
Download or read book Why Startups Fail written by Tom Eisenmann and published by Currency. This book was released on 2021-03-30 with total page 368 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book Why Businesses Fail written by Bob Weir and published by . This book was released on 2018-09-10 with total page 294 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Why People Fail by : Siimon Reynolds
Download or read book Why People Fail written by Siimon Reynolds and published by John Wiley & Sons. This book was released on 2011-09-23 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: Silver Medal Winner, Success and Motivation, 2012 Axiom Business Book Awards An essential guide for mastering failure in order to achieve your goals Success is often just a moment—a goal fulfilled, soon to be replaced with new goals. But failure is the ambitious person's constant companion, often dogging us for months, years or even decades before we finally reach our aim. In the groundbreaking book Why People Fail, Siimon Reynolds, one of the world's most successful entrepreneurs, explores the main causes of failure, in any field, and reveals solutions for overcoming them and creating a successful personal and professional life. Why People Fail offers strategies and ideas for defeating the sixteen most common failure habits such as destructive thinking, low productivity, stress, fixed mindset, lack of daily rituals, and more. Outlines the common habits that lead to failure and shows how to overcome them Features dozens of tips and exercises to help increase business and personal success Written by Siimon Reynolds, an internationally recognized expert on high performance and business excellence Many people have changed their lives by mastering just one of the timeless principles in this book. Master five or ten and your life will rocket to a totally new level.
Book Synopsis The Mindful Entrepreneur by : Joel Gerschman
Download or read book The Mindful Entrepreneur written by Joel Gerschman and published by Xou Pty Limited. This book was released on 2017-04 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt: Chronicling the true story of one entrepreneur's journey, The Mindful Entrepreneur provides a raw, brutally honest account of how to transform the frustrations, pain and struggles faced by countless business owners into stability, growth, freedom and meaning.
Book Synopsis Do. Fail. Learn. Repeat. by : Nicholas Haralambous
Download or read book Do. Fail. Learn. Repeat. written by Nicholas Haralambous and published by Jonathan Ball Publishers. This book was released on 2018-06-25 with total page 186 pages. Available in PDF, EPUB and Kindle. Book excerpt: Are you bored and baffled by spin doctors telling you how to succeed, how to make $1 000 000 or how to build the best business in just 30 days? Everyone claims to have the next best short cut or hack to help you along the path of entrepreneurship. It's all bullshit. In his business autobiography Do. Fail. Learn. Repeat. Nicholas Haralambous discusses the truth about the last 15 years of his entrepreneurial journey. ANYONE CAN START SOMETHING. Nic openly discusses his failures and sacrifices over the past decade and a half spent building businesses. There is advice all over the place about the rules to follow if you want to succeed, the do's and don'ts of running a company, the how-to of how-to do this, that or the next thing. There are also many personalities out there telling young entrepreneurs to hustle non-stop, risk everything and never sleep if they want success. YOUR CHANCE OF FAILURE IS ALMOST GUARANTEED. No one talks about how hard it is, how lonely it is and how difficult it is to build a business. No one is willing to forgo their ego and be honest. If nothing else, Nic Haralambous is honest about his journey. MOST PEOPLE WON'T LEARN. Nic has lived the hustle; he has pushed through physical pain, mental suffering, business failures, personal torment and relationship strife all in the name of building businesses. ALMOST NO ONE DOES IT AGAIN. Nic decided to write a big book of his failures so that entrepreneurs around the world can begin to understand that it is not always glamorous, easy or fun to build a business. If entrepreneurship is calling you then you absolutely cannot miss out on the truth, behind the business, written by Nic Haralambous.
Book Synopsis Why Startups Fail by : David Feinleib
Download or read book Why Startups Fail written by David Feinleib and published by Apress. This book was released on 2012-03-28 with total page 185 pages. Available in PDF, EPUB and Kindle. Book excerpt: For the want-to-be entrepreneur thinking about taking the leap, the boot-strapped entrepreneur trying to energize a business three or four years in, and the venture-backed entrepreneur trying to scale, Why Startups Fail shows you the key mistakes new ventures make—and how to avoid them. Nearly everyone has an idea for a product they could build or a company they could start. But eight out of 10 new businesses fail within the first three years. Even only one in ten venture-backed startups succeeds, and venture capitalists turn down some 99% of the business plans they see. The odds appear to be stacked against you! But entrepreneurs often make the same avoidable mistakes over and over. Why Startups Fail can help you beat the odds and avoid the pitfalls and traps that lead to early startup death. It’s easy to point to successes like Apple, Google, and Facebook. But the biggest lessons can come from failure. What decisions were made, and why? What would the founders have done differently? How did one company become a billion-dollar success while another—with a better product and in the same market—fail? Drawing on personal experience as well as the wisdom of the Silicon Valley startup community, serial entrepreneur, venture capitalist, and blogger Dave Feinleib analyzes companies that have come and gone. In short, powerful chapters, he reveals the keys to successful entrepreneurship: Excellent product/market fit, passion, superb execution, the ability to pivot, stellar team, good funding, and wise spending. In Why Startups Fail, you’ll learn from the mistakes Feinleib has seen made over and over and find out how to position your startup for success. Why Startups Fail: Shows venture-backed startups and boot-strappers alike how to succeed where others fail. Is equally valuable for companies still on the drawing board as well as young firms taking their first steps. Takes you through the key decisions and pitfalls that caused startups to fail and what you can learn from their failures. Covers the critical elements of entrepreneurial success.
Download or read book Failing To Win written by Mike Quinn and published by . This book was released on 2021-12-10 with total page 290 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Fail-Proof Your Business by : Paul E. Adams
Download or read book Fail-Proof Your Business written by Paul E. Adams and published by Adams Hall Pub. This book was released on 1999 with total page 302 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Why S.O.B.'s Succeed, and Nice Guys Fail in a Small Business by : Financial Management Associates
Download or read book Why S.O.B.'s Succeed, and Nice Guys Fail in a Small Business written by Financial Management Associates and published by Morrison Peterson Publishing, Incorporated. This book was released on 1976 with total page 386 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Alligator Business Solution by : H. Roy Austin
Download or read book The Alligator Business Solution written by H. Roy Austin and published by . This book was released on 2017-03-28 with total page 364 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Alligator Business Solution, Small Business Competitive Advantage is a user¿s manual to help small businesses survive and thrive in the business swamp. The book covers all the major business functions small businesses must manage. Eighteen successful small businesses were interviewed so the book is both for, and about, small business. Since small business owners have limited time to read, chapters are short, often contain humor, and include both success and failure stories. Key points are emphasized as Gator Bites. There are beneficial chapter exercises, which when completed will create a business plan. Although written for small businesses, the principles apply to organizations of all types and sizes.
Book Synopsis Sometimes You Win--Sometimes You Learn by : John C. Maxwell
Download or read book Sometimes You Win--Sometimes You Learn written by John C. Maxwell and published by Center Street. This book was released on 2013-10-08 with total page 240 pages. Available in PDF, EPUB and Kindle. Book excerpt: #1 New York Times bestselling author John C. Maxwell believes that any setback, whether professional or personal, can be turned into a step forward when you possess the right tools to turn a loss into a gain. Drawing on nearly fifty years of leadership experience, Dr. Maxwell provides a roadmap for winning by examining the eleven elements that constitute the DNA of learners who succeed in the face of problems, failure, and losses. 1. Humility - The Spirit of Learning 2. Reality - The Foundation of Learning 3. Responsibility - The First Step of Learning 4. Improvement - The Focus of Learning 5. Hope - The Motivation of Learning 6. Teachability - The Pathway of Learning 7. Adversity - The Catalyst of Learning 8. Problems - The Opportunities of Learning9. Bad Experiences - The Perspective for Learning10. Change - The Price of Learning 11. Maturity - The Value of Learning Learning is not easy during down times, it takes discipline to do the right thing when something goes wrong. As John Maxwell often points out--experience isn't the best teacher; evaluated experience is.
Book Synopsis How to F*ck Up Your Startup by : Kim Hvidkjaer
Download or read book How to F*ck Up Your Startup written by Kim Hvidkjaer and published by BenBella Books. This book was released on 2022-02-15 with total page 240 pages. Available in PDF, EPUB and Kindle. Book excerpt: WALL STREET JOURNAL BESTSELLER Every business owner dreams of success, but the majority of businesses are doomed to fail. This book offers a journey through the pitfalls that cause 90% of companies to crash—and the crucial remedies entrepreneurs can use to avoid (or fix) them. Kim Hvidkjær was 29 years old when he became a millionaire. Two years later, after a cluster of disasters, he found himself basically broke. Now, having rebuilt his fortune as the founder of several successful enterprises and studied thousands of failed startups, Hvidkjær has become an expert in failure: what it means, what it looks like, and the strategies that business owners can use to prevent it. In How to F*ck Up Your Startup, he takes us on an entertaining and enlightening journey through the complex patterns of failure in the life cycle of a business, covering: Attitude mistakes Business model missteps Market research snafus Funding and financial blunders Product development errors Organization oversights Sales slip-ups Growing pains Most important, he tackles what to do when your business has gone wrong. Hvidkjær fleshes out a tangible, usable blueprint for entrepreneurs looking to learn (the easy way) from the mistakes of businesses gone before. Chock-full of easy-to-follow business lessons that will keep you from f*cking up your startup, this down-to-earth guide offers crucial, actionable advice for seasoned business owners and startup founders alike. A masterclass in failure, How to F*ck Up Your Startup is required reading for reaching success.
Book Synopsis Managing Startups: Best Blog Posts by : Thomas Eisenmann
Download or read book Managing Startups: Best Blog Posts written by Thomas Eisenmann and published by "O'Reilly Media, Inc.". This book was released on 2013-05-01 with total page 342 pages. Available in PDF, EPUB and Kindle. Book excerpt: If you want salient advice about your startup, you’ve hit the jackpot with this book. Harvard Business School Professor Tom Eisenmann annually compiles the best posts from many blogs on technology startup management, primarily for the benefit of his students. This book makes his latest collection available to the broader entrepreneur community. You’ll find 72 posts from successful entrepreneurs and venture capitalists, such as Fred Wilson, Steve Blank, Ash Maurya, Joel Spolsky, and Ben Yoskovitz. They cover a wide range of topics essential to your startup’s success, including: Management tasks: Engineering, product management, marketing, sales, and business development Organizational issues: Cofounder tensions, recruiting, and career planning Funding: The latest developments in capital markets that affect startups Divided into 13 areas of focus, the book’s contributors explore the metrics you need to run your startup, discuss lean prototyping techniques for hardware, identify costly outsourcing mistakes, provide practical tips on user acquisition, offer branding guidelines, and explain how a choir of angel investors often will sing different parts. And that’s just for starters.
Book Synopsis Whatever It Takes by : Brandon Bornancin
Download or read book Whatever It Takes written by Brandon Bornancin and published by . This book was released on 2021-01-05 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Fail Fast, Fail Often by : Ryan Babineaux
Download or read book Fail Fast, Fail Often written by Ryan Babineaux and published by Penguin. This book was released on 2013-12-26 with total page 210 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Bold, bossy and bracing, Fail Fast, Fail Often is like a 200-page shot of B12, meant to energize the listless job seeker." —New York Times What if your biggest mistake is that you never make mistakes? Ryan Babineaux and John Krumboltz, psychologists, career counselors, and creators of the popular Stanford University course “Fail Fast, Fail Often,” have come to a compelling conclusion: happy and successful people tend to spend less time planning and more time acting. They get out into the world, try new things, and make mistakes, and in doing so, they benefit from unexpected experiences and opportunities. Drawing on the authors’ research in human development and innovation, Fail Fast, Fail Often shows readers how to allow their enthusiasm to guide them, to act boldly, and to leverage their strengths—even if they are terrified of failure.
Book Synopsis Advances in Tourism, Technology and Systems by : António Abreu
Download or read book Advances in Tourism, Technology and Systems written by António Abreu and published by Springer Nature. This book was released on 2020-11-19 with total page 652 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book features a collection of high-quality research papers presented at the International Conference on Tourism, Technology & Systems (ICOTTS 2020), held at the University of Cartagena, in Cartagena de Indias, Colombia, from 29th to 31st October 2020. The book is divided into two volumes, and it covers the areas of technology in tourism and the tourist experience, generations and technology in tourism, digital marketing applied to tourism and travel, mobile technologies applied to sustainable tourism, information technologies in tourism, digital transformation of tourism business, e-tourism and tourism 2.0, big data and management for travel and tourism, geotagging and tourist mobility, smart destinations, robotics in tourism, and information systems and technologies.
Book Synopsis Billion Dollar Lessons by : Paul B. Carroll
Download or read book Billion Dollar Lessons written by Paul B. Carroll and published by Penguin. This book was released on 2008-09-11 with total page 324 pages. Available in PDF, EPUB and Kindle. Book excerpt: ”This book is your chance to learn from others’ mistakes.”-- Entrepreneur In the 1960s, IBM CEO Tom Watson called an executive into his office after his venture lost $10 million. The man assumed he was being fired. Watson told him, “Fired? Hell, I spent $10 million educating you. I just want to be sure you learned the right lessons.” There are thousands of books about successful companies but virtually none about the lessons to be learned from those that crash and burn. Now Paul Carroll and Chunka Mui draw on research into more than 750 flameouts to reveal the seven biggest reasons for business failure.
