The Shocking Truth About Why Most Startups Fail (And How to Avoid It)
Louis J. Fernandez
Operations excellence and process optimization leader | Freelance Project Manager | Independent Consultant | Freelance Program Manager | PMO
You have a great idea for a startup. You have a passionate team, a brilliant product, and a loyal customer base. You're ready to take on the world and make your mark.
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But there's one thing you're missing.
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A strategic plan.
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You see, most startups fail because they don't have a clear vision of where they want to go and how they will get there. They focus on building a product or service that they think customers will love, but they neglect to plan for future growth and new market entry. They end up running out of cash, losing customers, or being outcompeted by rivals who have a better strategy.
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Don't let this happen to you.
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The statistics will make your heart sink:
- According to the latest data, up to 90% of startups fail.
- The number one reason why startups fail is due to misreading market demand — this is found in 42% of cases.
- The second largest reason why startups fail (29% of cases) is due to running out of funding and personal money.
- Across almost all industries, the average failure rate for year one is 10%. However, in years two through five, a staggering 70% of new businesses will fail.
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These numbers are scary, but they don't have to be your destiny.
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A strategic plan is not just a nice-to-have document that sits on a shelf. It's a vital tool that helps you align your goals, resources, and actions with your market opportunities and challenges. A strategic plan helps you answer questions like:
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- What is your unique value proposition and competitive advantage?
- Who are your target customers and what are their needs and preferences?
- How will you reach, acquire, and retain your customers?
- What are the key metrics that measure your success and progress?
- How will you scale your operations, team, and revenue?
- What are the potential risks and threats that could derail your growth?
- How will you adapt to changing customer demands, market conditions, and competitor moves?
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A strategic plan is not a static document that never changes. It's a dynamic framework that evolves as you learn from your experiments, feedback, and data. A strategic plan helps you avoid common pitfalls like:
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- Building a product or service that no one wants or needs
- Wasting time and money on features or channels that don't work
- Misaligned Sales and Operations
- Losing focus and direction amid multiple opportunities or distractions
- Missing out on new markets or segments that offer more potential
- Failing to differentiate from competitors or respond to their moves
- Running into legal, regulatory, or ethical issues that damage reputation or trust
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A strategic plan is worth hundreds of thousands of dollars for high growth startups. It can help you avoid costly mistakes, accelerate growth, increase profitability, and attract investors.
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But creating a strategic plan is not easy. It takes time, effort, and resources that many startups don't have.
That's where I can help
I am a strategy consultant who specializes in helping high growth startups create and execute strategic plans that deliver results. I have over 10 years of experience in strategy consulting, business development, and entrepreneurship.
?I can help you:
- Conduct market research and analysis to identify opportunities and threats
- Define your vision, mission, values, goals, and objectives
- Develop your value proposition and competitive positioning
- Design your business model and revenue streams
- Plan your operational and growth strategy
- Build your financial projections and budget
- Implement your action plan and monitor your performance
- Review your progress and make adjustments as needed
Don't let your startup fail because of a lack of planning. Contact me today to schedule a free consultation and get started on your strategic plan.
But hurry!
I only work with 4-6 clients at a time. And my schedule fills up fast.
If you want to secure my services before I'm fully booked, you need to act now.
Contact me today and get ready to take your startup to the next level!
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Now, you might be wondering:
How much does Louis charge for his strategic plan?
The answer is $50,000.
Yes, you read that right.
$50,000 for a strategic plan that can save your startup from failure and skyrocket your growth.
You pay $2,000 up front, and then $4,000 per month for the next 12 months.
That might sound like a lot of money, but think about it:
How much is your startup worth to you?
How much have you invested in your idea, your team, your product, and your customers??
How much would you lose if your startup failed?
How much would you gain if your startup succeeded?
A strategic plan is not an expense. It's an investment.
An investment in your future.
An investment in your vision.
An investment in your success.
And I'm is not just selling you a document. I'm selling you my expertise, my experience, and my insight.
I'm selling you a partnership for an entire year.
A partnership that will help you create and execute a strategic plan that works for your startup.
A partnership that will help you avoid the mistakes that most startups make.
A partnership that will help you achieve your goals faster and easier.
For a fraction of the cost of hiring a full-time strategist, I will be there for you every step of the way.?
I will monitor your performance, analyze your data, and provide feedback and recommendations.
I will help you overcome any challenges, seize any opportunities, and adapt to any changes.
?I will be your trusted advisor, your sounding board, and your accountability partner.?
I will be your secret weapon.
So, what are you waiting for?
You have nothing to lose and everything to gain.
Contact me today and claim your free consultation.
But remember:
This offer won't last forever.
I only work with 4-6 clients at a time. And my schedule fills up fast.
If you don't act now, you might miss this chance to work with one of the best strategy consultants in the industry.
Don't let this opportunity slip away.
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1 年Any great succcess stories you can incorporate?