Wednesday, June 17, 2015

Nine quick routes to a Failed Start up


"Nine quick routes to a Failed Start up" is an attempt to inform people about things which wait for a average MBA graduate outside his College.
Hi All,

First Way: Not planning the revenue model early on.

Second Way: Having more partners than actually needed

Third way: Over Investing in the initial phase

Fourth way: Being generous with your employees,customers,suppliers and partners.

Fifth way: Lacking periodic audits notably checking the profits and viability every fortnight.

Sixth way: Trying something outlandish

Seventh way: Believing in unsubstantiated market predictions and surveys because in real life these surveys counts for a big zero.

Eighth Way: Over believing on your employees about their ability

Ninth Way: Business Plans because their are none which actually succeed in real market without alterations and modifications.
Thanks for reading

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