Most Entrepreneurs Fail

Here’s the top 5 reasons why.

Here’s the top 5 reasons why.

Want to start a company? It takes a special kind of person to be a successful founder.

Most people fail…. here’s 5 reasons why.

1. An ideal founder is a convergence of the 4C’s: Curiosity, Commitment, Creativity, and Confidence. (Greg Pass)

They form the foundation of self-reinvention in the face of challenges and market evolution.

4Cs prioritizes multifaceted over multifocal thinking.

2. 4-Gate Model Of Prosperity (Josh Go, Chiqui Escareal-Go)

Like every person, an entrepreneur goes through different phases of evolution as they approach: Preparation, Marketing, Execution, and Self-Leadership.

As founders advance in their journey, challenges internalize as they move towards self-fulfillment.

3. Four Lenses Strategic Framework (Vincent Dawans)

Not all business decisions can be evaluated from single/multifocal or macro/micro frames.

A founder must ace at evaluating through finance, market, competitive advantage, and operational POV.

Equal weightage to all 4 minimizes systematic threats.

4. Business Engineering (Tim Brown)

A startup owner must don the hats of a business operator/admin, strategist, and technology specialist.

They must act as a business engineer that implements design thinking, transitional business modelling, and technology adoption.

T-shaped skills for the win.

5. Asymmetric Betting (Mohnish Pabrai)

“One of the biggest mistakes smart engineers make is optimizing a thing that should not exist.” ― Elon Musk

Small, reversible experiments (bets) that have the potential to drive abundant growth are the key drivers of disruption.

Asymmetric bets > Eureka