All that creative endeavour, long hours, energy and enthusiasm lost for one simple reason – running out of money. Manage the money and the risks effectively, and the business will not fail…
Read MoreFunding any start-up generally falls on the founder, and often family and friends – and once you’ve opened the tap on personal resources, as with any project, it is extremely difficult to turn it off. So what can you do to reduce the risks?
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It’s a calling, your destiny, to be your own boss, to have creative freedom, choice, setting your own objectives, building a legacy and having a positive impact on the world. It is in equal parts a hugely challenging and rewarding endeavour, and not for the feint hearted, so having made the commitment, why do so many start-ups fail?
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