Library: Monthly Commentary on Business and HR Issues

Some Thoughts RE: Why New Businesses Fail

Some Thoughts RE: Why New Businesses Fail

Posted: 2013-10-01 By David Wexler

During the course of my career, I’ve had the opportunity to partner with founder CEOs on several occasions, as investor, board member, and/or executive. In all cases, these individuals have been brilliant, knowledgeable, visionary, charismatic, and tireless.

Despite these strengths, their organizations have struggled to scale, and in a few instances have been sold, or folded up. All are situational of course, but some patterns emerge, both positive and negative. 

Amongst the positives:

  • Huge target market
  • Deep pocketed potential clients (relative to pricing of offering)
  • Few c.....

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