Top 10 Reasons Start-ups Fail

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Top 10 Reasons Why A Start-up Fails Caroline Cummings | carolineineugene@gmail.com

Small Wages. Bitter Cold, Long Months of Complete Darkness. Men Waned For Hazardous Journey.

Constant Danger,
Safe Return Doubtful. Honour & Recognition In Case of Success. Ernest Shackelton

By Endurance, We Conquer!

The Wrong Team 1

Marketing-Heavy Tech-Heavy 1

Key Team Must Have Skin in the Game! Pride in Ownership Equity – Vesting over time Accountability Clarity: Roles & Contracts Honor & Recognition in Case of Success!

The Single Founder 2

Wrong Legal Team! 3

Go With Your Gut!!!

Ask potential business attorney…
Emerging growth business before?
How much time for you?
Raised multiple rounds of financing?
Create/Read a Capitalization Table ?
Developed a PPM ?
Compensation packages for new hires?
IP protection?
Global expansion ?
Experience with exits – M&As, IPO?

Top 3
The Wrong Team
The Single Founder
The Wrong Legal Team

Boiling the Ocean 4

Not Talking to Customers 5

Include Customers in your R&D Ask Listen Implement Reward Thank

Stealth to Long.. 6

Slow to Launch… 6

Top 6
Wrong Team
The Single Founder
Wrong Legal Team
Boiling the Ocean
Not Talking to Customers
Slow to Launch/Stealth to Long

Stuck on Original Idea 7

Taking “Dumb Money” 8

Founder-itis! 9

Spending too much money 10

Recap…
The Wrong Team
The Single Founder
The Wrong Legal Team
Boiling the Ocean
Not Talking to Customers
Stealth Too Long/Slow to Launch
Stuck on Original Idea
Taking “Dumb” Money
Founder-it is
Spending Too Much Money

Believe You Can Win!

carolineineugene@gmail.com Staying Connected…

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Top 10 Reasons Start-ups Fail

by Caroline Cummings on Dec 08, 2010

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Top 10 Reasons Start-ups Fail — Presentation Transcript