I’ve worked with hundreds of businesses, large and small and have been amazed by the gap there is in workable information and guidance. Banks and finance companies are great at giving advice around the money angle. And that’s really important. But there’s much more to growing a business than that.
All businesses start with an idea, inspired to do their own thing for many different reasons entrepreneurs take a risk and form a company. Start-up is around getting to the first base of providing your product to an audience of people who are happy to buy it. If only it were that simple there’d be so much more success.
There is a lot of bad information around on start up business, some say that around 90% fail in their first year. Instead, look at more reliable sources and you’ll find that it’s closer to 1/3rd, which means that 2/3’rds succeed. Even then it depends on a whole range of things which include the following: the industry that you’re operating it, how passionate you are about your business, how open you are to learning what you need to know, finding a mentor to work with and growing at the right rate.