THOUGHTS & THEORIES (Pertaining to Pervasive Problems & Pitfalls)

~99% of Startups Fail… But, WHY?!? [ThoughtsOnStartups.com]

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100+ columns available by request: Jeff@StartupWhatever.com (But, admittedly, some are too long or poorly edited, so they really serve better as a list of topics I like to discuss/debate as a guest on podcasts, program panels, and during all our various programs/workshops…

PREVIEWS / TEASERS

1) Lack of Self-Awareness in Founders…

2) Mis-Matched Skill-Sets Among Co-Founders…

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P.S. 2.5?? A combination of #1 & #2 (because it’s difficult to put people — especially ourselves! — in the best position to succeed if a lack of self-awareness has us in denial about how good we are at what), please ask me about some experiments I’ve done while speaking at conferences or running workshops. SPOILER ALERT: In a room of 100 entrepreneurs, when asked (anonymously) to rate themselves (honestly) in comparison to the rest of the room, in defiance of basic math, EVERYONE is “ABOVE AVERAGE” in most categories — and HALF are in the “TOP 10%” (especially in areas like intelligence, creativity, strategic-thinking)

3) Problems Stemming from WORDS & DEFINITIONS:

3B:

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EVERY STARTUP is different, EVERY ENTREPRENEUR is unique, and there is NOTHING (said/written by me — or Tim Ferris or Gary V. or whomever!) that can possibly be applied to EVERYONE in EVERY SITUATION.

4) “Success” vs. “Failure” & FUQ! (Frequently UN-asked Questions)

A Plethora of Problems & Pitfalls Pertaining to: “IDEAS!”

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* Note: Replace “Viral potential” (above) with “Product-Market-Fit” for when virality is not necessarily a goal.

9) “What are you GREAT at?!? Figure it out and DO MORE of THAT!!!”

10) Optimistic vs. Pessimistic? Positive vs. Negative? [WAIT! What about Realistic?! and Objective?!]

Based on the normal digestion period, a decision coming from your gut is, quite literally, the same thing as pulling shit out of your ass (just a few hours later based on gut-to-ass travel time via normal digestion).

11) RISK-TAKING: To Celebrate? Or To Mitigate?

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I always see photos of sad people sitting in front of brick walls. I can only conclude that brick walls must make people sad. #CorrelationVsCausation

12) The problems/pitfalls of using OUTLIERS as benchmarks…

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13) Funding Frustrations?

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Honorable Mentions:
- “Been There / Done That” — Prior Startup SUCCESS (not just experience)
- Joining a TOP Incubator/Accelerator program with a proven track-record of success (i.e. Y-Combinator, TechStars, etc.)
- [NOTE: I’m definitely open to adding more if anyone has additional thoughts! — Jeff@StartupWhatever.com]
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P.S. A lot of the above makes for good discussion/debate for PODCAST content — But, alas, I will likely never get around to starting my own Podcast… Sooo, if you want to invite me on YOUR Podcast to discuss (or debate!) any of our Thoughts/Theories or Ideas for Improvement, please do! jeff@StartupWhatever.com
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Yes, of course “Startups Are Hard” — but there are things we can do to dramatically increase the current success/fail rates if we start thinking (and re-thinking?) more strategically and identifying / addressing some common Problems & Pitfalls (and #StatusQuoBias)… Because simply repeating all the same practices and processes of countless failed startups/entrepreneurs before us (and yet somehow hoping for different/better results?) sounds pretty close to Einstein’s(?) definition of INSANITY!
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Sorry, just adding another version of this image again so we can set it as the default image to show up in previews

STARTUP WHATEVER!

Entrepreneurial Epiphanies & Lessons Learned + Thoughts &…

“ReThinking Startups”

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JOIN US in ReThinking Startups / ReThinking WHATEVER! LAUNCH & LEARN! New Products, Content, Marketing, Side Hustles, STARTER STARTUPS! info@StartupWhatever.com

STARTUP WHATEVER!

Entrepreneurial Epiphanies & Lessons Learned + Thoughts & Theories Pertaining to Problems & Pitfalls = Innovative Improvement Initiatives & NEW “ReThinkingStartups.com **S.H.I.T. to Share!” **[Strategies, Hypotheses, Insights, Theories]

“ReThinking Startups”

Written by

JOIN US in ReThinking Startups / ReThinking WHATEVER! LAUNCH & LEARN! New Products, Content, Marketing, Side Hustles, STARTER STARTUPS! info@StartupWhatever.com

STARTUP WHATEVER!

Entrepreneurial Epiphanies & Lessons Learned + Thoughts & Theories Pertaining to Problems & Pitfalls = Innovative Improvement Initiatives & NEW “ReThinkingStartups.com **S.H.I.T. to Share!” **[Strategies, Hypotheses, Insights, Theories]

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