THREE THINGS TO KNOW BEFORE YOU LAUNCH YOUR COMPANY
"For a business to succeed it must be founded inside a profitable, sustainable market."
Few business founders are clear-minded enough about these 3 non-negotiable fundamentals, which in return had led to high volume of venture failures all over the world.
Why do so many new ventures fail, even with so much money available? In other not to be part of global venture failures you know and act on the following facts;
1. Get the team right.
When it comes to maximizing the chances of success, most new venture teams are constructed almost randomly, whether it's dorm mates deciding let's do this, or guy with money meets guy with idea, or frustrated employee strikes out on her own and takes colleagues with her, such groupings carry little assurance that the team will actually be capable of building a successful new venture.
There is however a founding team combination that works--one that we've looked at previously.
Every successful new venture needs a visionary and an operator at its heart.
Get those right, and you're on the road to success; miss out on either one, and your business won't make it.
This is an excerpt from a book i just wrote and published. Titled: BEFORE YOU START YOUR BUSINESS (12 proven secrets for business success as shared by business gurus)
Get it on Amazon Kindle Now


Comments
Post a Comment