Most start-ups fail.
Having worked with over 1,000 entrepreneurs the most common reasons for failure are not a bad idea or poor execution.
The most common reason is not having a robust business model. Put differently, many entrepreneurs don’t have a system for creating value and offering it to the client. It’s chaotic, ad-hoc and created as problems occur. We don’t build planes or bridges like that. There is no need to build a startup like this.
Some figure this out and succeed, most don’t.
I work with early-stage start-ups to help them design and build robust business models that form the foundation of everything else that they do.
THIS IS HOW I CAN HELP YOU BUILD A STARTUP THAT SUCCEEDS
Business Model Review
Does your startup have legs or are you an inspired salesman in love with your own dreams. Get early feedback that will make a difference.
It stops you wasting time and money on ideas that don’t work.
Business Model Design
Guessing what will work without designing a business model that is designed to exploit market weaknesses will slow you down, and perhaps leave you out of runway.
It stops you fighting a losing battle against people with more resources and time.
Business Model Test
Systematically test each component of your business model reducing delay, uncertainty and firefighting.
It stops you burning time and money on things that don’t work
Business Model Pivot
When you don’t get product-market fit approach your pivot in a structured way reducing the risk of multi-pivots.
It stops you jumping out of the frying pan into the fire.
Don’t fail. Get your business model right
The Difficulty Lies Not So Much In Developing New Ideas As In Escaping From Old Ones.
John Maynard Keynes
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Continue Reading Is a Business Model worth more than the Sum of its Parts?
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