Why Startups Fail in the First Few Years
We all know the low success rates for early stage startups. But what many don't know is that it's not a random or chance occurrence if your startup will succeed or fail.
Your startup's success can be mapped to how fast you can implement the new "expansion" provided to you with each round of capital. If you spend a lot of time trying to do your first pilots and iterating your product market fit, you can easily run out of money and steam before you even have a chance to shoot out of the gate with a big, loud partnership or brand or large round of funding or press.
There are a few methods you can use to ensure that your startup is nimble, quick to execute, and able to attract more and more resources and support to you as you start to grow into a "real", exponentially scaling, confident, and mature startup.