If you have ever been part of an early stage start up with a founder or two with a great idea or two – just ask them – revolutionary, a real disrupter. “Don’t worry, the numbers will take care of themselves!” “What we really need now is …..” Inspect what you Expect. The details matter! The voyage heading south along the West Coast of South America, on our ship, had been day after day of smooth seas and sun filled days. As we came closer to going around Cape Horn the seas picked up … [Read more...]
Unrealistic Expectations
There are numerous studies which state that 8 out 10 entrepreneurs who start a business fail within the first 18 months. Bloomberg for example makes this case – meaning 80% of these businesses are toast within a year and a half. There are numerous reasons why this happens. When asked, many of these entrepreneurs will say they ran out of money. Although in fact this may be true, my thought is there were a few things which happened earlier which might have changed the outcome. A question one … [Read more...]
