80% of startups fail. We wanted to start positive, but sorry. Instead of looking back at your post-mortem startup, we can use this knowledge to try and prevent things from happening.
Fortunately, CBinsights has done some interesting research on the subject. They compiled a top 20 list of reasons for startup failure by analyzing 101 startup failure post-mortems.
Your startup or organization hopefully isn’t dead yet. So, in this workshop the reasons for failure from the list become our fresh challenges to prevent and outlearn failure!
TIP: to help you ‘think’, select the challenges that apply to your case.
42%No market need 29%Ran out of cash 23%Not the right team 19%Get outcompeted 18%Pricing / Cost issues 17%User un-friendly product 17%Product without a business model 14%Poor marketing 14%Ignore customers 13%Product mistimed 13%Lose focus 13%Disharmony among team / investors 10%Pivot gone bad 9%Lack passion 9%Failed geographical expansion 8%No financing / investor interest 8%Legal challenges 8%Didn’t use network 8%Burn out 7%Failure to pivot ?
Everything we do is based on lean startup and design thinking techniques. This means we solve challenges in loops: processes that can be repeated until a solution is designed, tested and proven (or not). Build – Measure – Learn. The blueprint behind every session.
Which reasons for startup failure might become a problem in the future? Let's find out with fun, confronting and inspiring exercises!
Ok, so we know what's coming. Now it's time to understand the why's and how's. Each selected challenge has its own visual tools to understand before acting.
Turn threats into opportunities and come up with a battleplan!
Put your plan to the test! How can we prove that your battleplan DOESN'T work?
There are different ways to execute this workshop/training. It’s important to know the difference (or at least ours) between workshops & training sessions.
- Workshops – Solving challenges!
- Trainings – Learning by doing. Part learning, part solving challenges!
TIP: to help you ‘think’, select the cards that you’re interested in.
- Remote brainstorm session
- Big-screen-brainstorm for large audiences and events
- More things
to consider >
- Digital tools?
- Paper tools?
- 1-4 participants?
- 5-24 participants?
- 25+ participants?
- Large audiences?