Corporate - Strategy - Performance - Failure
< Corporate - Strategy - Performance - Techniques
< Corporate - Strategy - Performance
< Corporate - Strategy
< Corporate
< politicus
Get flash to fully experience Pearltrees
Several years ago, I met with Noam Wasserman who had recently joined Harvard Business School as a professor.
“What would you have me do instead?”
Most startups will fail. It’s just how the numbers work. The issue I have is with the definition of failure.
Starups - Failure - Statistics
Starups - Failure - Introduction to success
Starups - Failure - Introduction
Starups - Failure - Management
Starups - Failure - Examples
Editor’s note: Contributor Ashkan Karbasfrooshan is the founder and CEO of WatchMojo, he hosts a show on business and has published books on success.
Today's lesson comes from Justin Kan, co-founder of the live video streaming service, Justin.tv: "Start-ups don't die, they commit suicide. In other words, 90 percent of start-ups fail because the founders get bored, discouraged, or something else, and they move on to other things, not because of some catastrophe.
If you are just plain tired of working so hard, or your startup is not getting the traction you expected, should you shut down cleanly, or just file for bankruptcy and walk away?