Posts Tagged ‘Starups’
An interesting report describes research in baquia.com by Blackbox, this is a firm that is dedicated to fostering the growth of new Internet companies and presents a series of important data on the early stages of a startup, which identifies the primary cause of death.
The common factor in this death is the “Scale before time” and as Blakbox, it seems to be the most common cause of death among new technology companies, according to data from the “accelerator” of companies with seed capital Blackbox, this report reveals why nine out of ten companies fail or disappear.
BlackBox has collected data from 3,200 companies and has identified four phases in the growth of a startup are:
1. discovery, validation 2, 3 and 4 scale efficiency. The problems come as BlackBox, when companies are entering the hurry or want to quicken the pace and do not behave as they should at that stage.
“These companies are called inconsistent, and his main problem is that scale its operations too fast,” the report said. “Companies tend to spend too inconsistent at first in customer acquisition, hire too many employees, managers named executive too soon and too focused on engineering development at the expense of customers”
“Firms are inconsistent growth in users, collect less money in the final stages and make less money per month,” the text, if any doubt.
The conclusion is that you should take it easy and keep in step by step project. Another interesting finding described in the report is that companies that changed two or three times a significant portion of its business collect 2.5 times more money.