How Not To Kill Your Business in 10 Steps

Download or read book How Not To Kill Your Business in 10 Steps written by Gaston Gilbert and published by . This book was released on 2021-01-19 with total page 82 pages. Available in PDF, EPUB and Kindle. Book excerpt: Do You Want to Succeed as a Startup? Avoid these Deadly Mistakes According to the US Bureau of Labor Statistics, nearly 20% of startups do not live past their second year, and many more fail before their fifth year. For anyone who is looking to venture into the world of entrepreneurship, these statistics paint a grim picture of the startup world today. But have you ever wondered why many new businesses fail so quickly after their inception? Over my decade-long journey into the world of business, I have had the opportunity to not only experience what it is like to run a business but also learned a lot from observing other small companies and the people who manage them. I've come to realize that the fundamental reason why many startups fail is that business owners and managers make fatal mistakes due to ignorance or simply lack of experience. In this book, I've attempted to identify the top cardinal sins in the world of business, drawing from my own personal experiences and what those have taught me. If you employ the advice in these pages, you'll get to learn how to navigate the world of business and avoid the dangers that would otherwise sink your enterprise.