While failure rates for early stage ventures are reasonably high, most fail because they lack the fundamentals of a good business. Most businesses fail because the business idea was never properly researched, the founder lacked any business training or they had inadequate funding to see their business through the early development stage.
Avoiding the basic mistakes, ensuring you have some business education and learning from the mistakes of others, substantially increases the likelihood of success.
In this book I have set out what I consider to be the 101 rules for survival, growth and profitability of a business. It comes from twenty years in a series of early stage ventures, a deep understanding of entrepreneurship based on my personal experience but also seven years as a Professor of Entrepreneurship and many years as a mentor and coach to a wide range of entrepreneurial ventures.
Your best chance of joining the millionaires club is to be part of an entrepreneurial venture.
Dr. Tom McKaskill:
Global serial entrepreneur, educator, author and angel investor, Dr McKaskill is an authority on how entrepreneurs’ start, develop and harvest their ventures. He is the world’s expert on exit strategies for high growth enterprises. His experience includes multiple start-ups in the UK and USA, raising venture capital twice, undertaking two acquisitions and strategic trade sales of three businesses. Dr. McKaskill has qualifications in Economics, Accounting, Marketing and Manufacturing. Recently retired from the Richard Pratt Chair in Entrepreneurship at the Australian Graduate School of Entrepreneurship, Dr. McKaskill is the author of 20 books covering such topics as new venture growth, raising venture capital, selling a business, acquisitions strategy and angel investing. See www.amazon.com for the full range of ebooks.