Tuesday, December 4, 2018

How Far Will You Go When You Need to Grow?

By Ben Kinsey, CPA

Image courtesy of flickr
Being in business is a lot like being a dinosaur.  If you don’t evolve, you’re doomed to become extinct.  If you believe Fortune Magazine, they stated that 9 out of 10 startup businesses are doomed to fail.  While that statistic is shocking, what’s even worse is that the top three reasons startups fail is because there is either little or no demand for their product, they run out of funds, or they don’t have the right team.  It isn’t until numbers four, five and six that Fortune points out that some businesses fail because they are outgunned, overpriced or they ignore their customer’s needs.