Top 3 Reasons Why Most Startups Fail & How To Prevent Them

Starting a CompanyOver the last several years I’ve enjoyed the opportunity to mentor some of the brightest entrepreneurs in North America. 

Each and every mentorship is a learning opportunity, not only for the startup but also for myself.  I get to learn about new and exciting industries and enhance my knowledge in various established industries on a daily basis.

Each mentorship relationship is unique; every startup possesses a different combination of strengths and weaknesses.  Successful mentorship requires an investment of time and energy in order to learn about the business, understand the opportunities, assess the competition and determine the best way to provide value to the mentee.  A level of trust is absolutely critical because a successful mentorship requires entrepreneurs to divulge a lot of behind the scene details.

Continue reading

Advertisements