99 Reasons Why Startups Fail
and the strategies to avoid it
Startup ideas inspire hundreds of thousands of entrepreneurs all over the world. On the flip side, the majority of entrepreneurial ventures fail. Have you ever wondered what the catalyst for such failure is? Startup failures are complex. Most of them are not caused by stupid or simple mistakes. So, be careful when you conclude: Startup X failed because of Y. Therefore I should avoid doing Y in my own startup. It is not that simple. Startups fail because of a combination of factors and causes, some of which are almost impossible to put a finger on.
This book is aimed at identifying reasons that can lead even great ideas to complete failure. It also presents how you can make your way around them, earning everlasting growth and prosperity.
and the strategies to avoid it
Startup ideas inspire hundreds of thousands of entrepreneurs all over the world. On the flip side, the majority of entrepreneurial ventures fail. Have you ever wondered what the catalyst for such failure is? Startup failures are complex. Most of them are not caused by stupid or simple mistakes. So, be careful when you conclude: Startup X failed because of Y. Therefore I should avoid doing Y in my own startup. It is not that simple. Startups fail because of a combination of factors and causes, some of which are almost impossible to put a finger on.
This book is aimed at identifying reasons that can lead even great ideas to complete failure. It also presents how you can make your way around them, earning everlasting growth and prosperity.
Inhoudstafel
The default state of a startup is failure
The right activities at the right time
The four stages of the startup lifecycle
Different dimensions of growing a business
1. IDEA STAGE
2. PROBLEM/SOLUTION FIT
3. PRODUCT/MARKET FIT
4. SCALING
Contributors & inspirators
About the authors
About Sirris
About Agoria
Omar Mohout, currently Partner & Head of Digital at management consulting firm Nova Reperta, is a former technology entrepreneur, a widely published technology author, C-level advisor to high growth startups, as well as Fortune 500 companies and Professor of Entrepreneurship at Antwerp Management School and Solvay Brussels School of Economics and Management.
He is author of ‘Pricing Strategies for Startups’, ‘The Belgian Startup Landscape’, ‘Crowdfunding in Belgium’, ’99 reasons why startups fail’, ‘Corporate Venturing’, ‘Leaving a legacy’, ‘Nooit Nog Normaal, ‘Go! 28 steps to launch your venture’ and the popular ‘From idea to product/market fit’. A contributing author to the ‘100 Days Digital Marketing Plan’ and ‘The Future of Business’ books.
Mohout is Chairman of BeCentral, the largest digital skills campus in Europe; Advisory Board member of the Euronext TechShare Program; Advisor to the AI4Belgium board, advisor to the State Secretary for Digitalization and; member of the Agoria Digital Industries Committee. He also joined the Board of Directors of venture capital fund imec.istart.
Mohout is a keynote speaker and panelist on technology, entrepreneurship and innovation topics at leading conferences.
