-Andrew Grove, Intel Co-founder
Which are the most valuable lessons you've learned the hard way? Let's share'em! 🚀
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Dear dreamers & founders,
We probably all heard the fact that only 10% of startups make it and become a long-term success. There can be many reasons why 90% of us don't make it, but a former McKinsey and Harward Business School professor, Tom Eisenmann, identified 6 main reasons for entrepreneurial failure.
I thought I would share these 6 primary patterns of failure and hopeful it can help us understand what signs to look for before failure happens.
1. False Start (Occurs Early-Stage)
You could have a great team (good talents, investors, founders), but they start building too quickly and... (More)
How to define a Startup?
When a turtle egg hatches, the turtle is under tremendous pressure from the get-go. Why? The newborn creature has to reach the oceanside in a very limited timeframe and escape the sandy-wasteland to where it was conceived. In just a matter of hours after conception, the number of living turtles will shrink substantially, and the beach-bed will slowly take form as a Turtle-Normandie. Only the lucky few will reach the waters, experience the vast oceans, and win the gift of life. The rest, tragically, end up as seagull dinner.
And why is this relevant, you... (More)