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Startups: What are your odds for success?

Berkonomics

Starting a company is HARD – in so many ways. I read several years ago, that the average startup restaurant lasts only about a year. Restaurant startups would not top my list. Census Bureau reports that 400,000 new businesses are started every year in the USA, but 470,000 are dying. And risky too. What does THAT mean?

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What are the odds of your startup’s success?

Berkonomics

Starting a company is HARD – in so many ways. Let’s start with a restaurant -not our thing. But… I read several years ago that the average startup restaurant lasts only about a year. Restaurant startups would not top my list. And this includes all businesses, not just startups. And risky too. Data does not lie.

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Study Finds Tech is Number One Industry for Workplace Drinking

Tech.Co

But, in recent years, we’ve started side-eyeing tech’s drinking habits. The #MeToo movement has impacted drinking policies at major companies – most prominently, WeWork dropped its unlimited beer tap option last October following sexual assault allegations at WeWork events. Tech’s Drinking Culture.

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6 Initiatives To Prep Your Startup For The Road Ahead

Startup Professionals Musings

Change is about the only thing constant in the world of startups. The solution is to establish and maintain a culture and processes that don’t view change as a discrete event to be spotted and managed, but as an ongoing opportunity to improve competitiveness. Increase change agility. Expedite change reaction.

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5 Characteristics of A Startup Destined For Success

Startup Professionals Musings

Every startup wants to be a predictable success, yet so few ever achieve this enviable position. His studies show that companies at this stage show five key characteristics, which I believe every startup should strive to achieve from the very beginning: Decision making. As a startup, you need to walk before you can run.

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How TuesdayNights is Helping Women Entrepreneurs Connect With Capital

socalTECH

Raising capital for a female-led startup can be very diffiult--which is what Justine Lassoff and Melinda Moore found out when they started their own company, LovingEco, in Los Angeles. Justine Lassoff: Melinda and I founded TuesdayNights to help women connect and to impact change through networking events and infinite gatherings.

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Why Your Startup Needs a Sales Methodology

Both Sides of the Table

Like most startup entrepreneurs, when I began my first company in 1999 I had no formal sales experience. This is a very important to do when you first start a company. I’m going to set up the framework today and in future posts I’ll drill down into each area. Compelling Event. This article originally appeared on Inc.com.

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