Midday Connect’s Post

🌟 Exciting news! Join Midday Connect session with David Butler on Tuesday to explore strategies to accelerate the journey to product-market fit. Don't miss this opportunity to learn and grow together! 🚀 #MiddayConnect #ProductMarketFit

𝐃𝐨𝐧'𝐭 𝐁𝐞 𝐚 𝐒𝐭𝐚𝐭𝐢𝐬𝐭𝐢𝐜: 𝐔𝐧𝐯𝐞𝐢𝐥𝐢𝐧𝐠 𝐭𝐡𝐞 𝐒𝐭𝐚𝐫𝐭𝐮𝐩 𝐅𝐚𝐢𝐥𝐮𝐫𝐞 𝐑𝐚𝐭𝐞 A looming question: what are the odds of success? This post dives deep into the world of startup failure rates: 𝐓𝐡𝐞 𝐒𝐨𝐛𝐞𝐫𝐢𝐧𝐠 𝐒𝐭𝐚𝐭𝐢𝐬𝐭𝐢𝐜: 𝐔𝐩 𝐭𝐨 90% 𝐨𝐟 𝐬𝐭𝐚𝐫𝐭𝐮𝐩𝐬 𝐝𝐨𝐧'𝐭 𝐦𝐚𝐤𝐞 𝐢𝐭. The Year-by-Year Breakdown: ▶Year 1: 10% failure rate. ▶Years 2-5: A staggering 70% fail. ▶ 20% of businesses fail within 2 years. ▶45% of startups don't survive 5 years. ▶ 65% of startups fail within 10 years. ▶75% of American startups close within 15 years. Feeling discouraged? Don't! Knowing these statistics allows you to prepare effectively and increase your chances of success. Stay tuned for our next post! We'll explore the reasons behind startup failures and equip you with strategies to overcome them. #startuplife #failureanalysis #entrepreneurtips #survivalrates #founders

✨ Key Steps for Startups Are you on task with your yearly planning? In the fast-paced world of startups, planning is crucial for success but is often overlooked due to competing priorities. Following a few essential steps can help you make plan effectively in limited time: 1️⃣ Use the whiteboard: Efficient planning sessions with a competent moderator. 2️⃣ Set achievable yearly goals: Specific objectives aligned with current resources. 3️⃣ Define quantitative short-term milestones: Implement the OKR structure for clarity. 4️⃣ Seek a trusted sounding board: Valuable feedback from knowledgeable advisors. 5️⃣ Evaluate and shift: Regularly review and adjust goals for startup flexibility. Contact us to see more about what our team can do for you! #StartupSuccess #2024Planning #ProductivityTips #EntrepreneurshipJourney #Business

Startup survival essentials: master product-market fit, build a strong team, and stay on top of cash flow for long-term success. Want more tips to help your startup grow? Follow Neurobay for expert insights and strategies on building a strong business. #neurobay #startuplife #startupfunding #venturecapital #infographic

Are you a founder and would like to know how to make your pitches even more memorable using the brain science of how people learn and remember? Do you use slides when you do your pitch? Would like to learn some tips so that your slides enhance your pitch not distract from it? One of my tips to make sure that the text on your slides is visible is my 15-step test. Take the slide that has the most text, walk back from your screen 15 steps, turn around and see if the text can be easily read without squinting. If not, increase the font of the text and likely reduce the amount of text on the slide. If you found this tip useful, join me next Tuesday at 9:30am to learn many more tips to make your next pitch even more memorable at my presentation called "Tips to Create Compelling Pitches" at Vancouver Startup Week from today to next Friday (May 31 to June 7) in downtown Vancouver. Learn more information about this amazing event and register here: https://lnkd.in/gu5FGB4M I look forward to seeing founders I know in Vancouver at Vancouver Startup Week, and hopefully at my workshop on Tuesday morning. #startups #founders #pitchingforsuccess #presentationskills #publicspeakingtips #VSW2024 #memorablepresenter

Did you know that 97% of startups fail? 😲 Ever wonder why? Let’s dig into it together. In my latest video, I explore the reasons behind the staggering failure rate of startups. Inspired by insights from Alex Hormozi and his $100 million leads theory, we delve into the Theory of Constraints. It’s all about understanding how people, processes, and products can make or break your business. Curious about what makes that 3% succeed? Watch the video to uncover the secrets and learn how to navigate these challenges effectively. Ready to be part of the successful 3%? Let’s dive in together and turn those odds in your favor. Check out the video and let’s #scaletogether. #S3Consulting #StartupSuccess #TheoryOfConstraints #BusinessGrowth #Efficiency #SystemsThinking

It’s tough to hear, but 90% of startups don’t make it through their first year. Why? Here are the main reasons: 1. Ignoring What the Market Wants Too many startups build a product they think people need instead of checking what the market actually wants. Start by asking real customers what they need—and keep asking as you grow. 2. No Clear Vision or Plan Without a clear mission, it’s easy to lose focus. A good plan helps you stay on track and keep pushing forward, even when challenges come up. 3. Inflexibility The market changes fast. If you’re not open to adapting, you’ll get left behind. Great startups are flexible, always ready to evolve. 4. Money Mismanagement It’s tempting to spend big in the beginning, but careful financial planning is key. Stretch every dollar and avoid big expenses until your business can handle it. 💡 Tip: Learn from these mistakes! With the right strategy, focus, and flexibility, you can turn your startup dream into a lasting reality. #StartupTips #BusinessSuccess #StayFocused #AdaptAndThrive #EntrepreneurMindset

🚀💡 Don't let your startup fall victim to common pitfalls! Discover the top reasons why startups fail and unlock key strategies to overcome them. Empower your entrepreneurial journey with insights and guidance. #StartupSuccess #businesssolutions #stabilizationsupport #startupsolutions #projectmanagement #qualitymanagement #webdevelopment #recruitmentsolutions #digitalmarketing #datamanagement

Join Us for an Exclusive Open Mic Night : Unlocking Startup Success! Ready to elevate your startup? Learn from the best in the industry as we dive into the essentials of building a thriving business. Estimated Speaker - Pallavi Singh Capt Ved Singh Franco Baraghini Key Topics Include: #Brand #Building: Discover strategies to create a memorable and impactful brand. #Path to #Unicorn Status: Learn the secrets behind scaling your startup to a billion-dollar valuation. #Global #Expansion: Understand how to effectively navigate international markets and grow your business worldwide. 📅 Date: Saturday, September 28, 2024   🕖 Time: 7 PM onwards   📍 Location: Central Park - Club Capri - Sector-48, Gurgram Whether you're a budding entrepreneur or an established founder, this panel will provide invaluable insights to help you navigate the startup landscape. Don’t miss out on this opportunity to learn from the best, network, and grow! Register now and take the first step toward your startup's success! https://lnkd.in/gtCrkphK #LearnFromTheBest #StartupSuccess #BrandBuilding #GlobalExpansion, #PathToUnicorn #StartupGrowth #BusinessLeadership #InnovationJourney #ElevateYourStartup

Having a competitive advantage is essential for any startup's success 🔥 but for first time founders sometimes is very hard to discover theirs, then investors ask about defensibility and they don't know how to answer 🤔 I wrote an article to help startups: 1. Find out what their competitive advantage is 2. Create a competitive advantage as a first time founder with no experience, connections or resorces 3. Follow examples of entrepreneurs Find it here: https://lnkd.in/d9E8Q24k 🚀