Published on February 25, 2014
STARTUPS UNLEASHING HUMAN POTENTIAL
The only way to do great work is to love what you do… Steve Jobs
What is happening? 10,000 applications 511accepted to this accelerator 37 sold or worth more than 40 million
Statistics 90% - innovative startups fail 80% - VCs fail Startup Accelerators are following the VC pattern
Are they focused on creating value? or financial performance
But do VCs, Incubators, and Accelerators really address the reasons why startups fail?
It needs to change…
Top three causes for startup failure ‒ Lack of competency ‒ Not understanding how customers buy ‒ Conflicts with partners or investors
The key to successful startups ‒ ‒ ‒ ‒ ‒ Passion Optimism Visualizaiton Fostering a startup culture Competency Building
Each of these causes can be eliminated through deep & applied skill and knowledge development
Thank you! GARY A. FOWLER www.launch-gurus.com
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