Archivio mensile:marzo 2023

Why startups fail? Top reasons and lessons learned.

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Lack of Product Market Fit Indian Startups had a stellar year in 2021, setting several new records -the number of startups acquiring unicorn status, the number of new startups launched, and the record funding received by startups.

Now more than ever, Indian startup founders are aspiring the unicorn status, that is a $1 billion valuation.

All the good news could make one forget the struggle to launch a successful startup. It is no surprise that 90% of all startups fail within five years of being founded.

Why startups fail?

What should the founders do to mitigate failure?

Let us look at five factors that spell doom for startups and how the founders can address the situation fitfully.

  1. Failing to raise new capital

  2. Lack of Product Market Fit

  3. Competitive Landscape

  4. Pricing/Cost Challenges

  5. Product Launch Timing

Discover the common reasons in detail why startups fail & how to avoid them. Gain insights from industry experts to help your startup succeed. Read more now Visit Our Blog!

Employee Coaching: Elevating from Good to Great

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Organizations and employees often prioritize degree or skill-based hiring, but research has shown that success is driven more by EQ than IQ, with 80% attributed to EQ. Industry leaders suggest hiring for attitude over skills.

An all-star team isn’t enough without support and collaboration.

While senior management is responsible for building a thriving workplace, it can be challenging.

An executive coach can provide a solution by helping senior executives acquire coaching and management skills while enhancing personal development. With an unbiased and skilled perspective, executive coaches bring fresh insights and make coaching more acceptable to employees.

According to a recent International Coaching survey, people who participated in coaching saw a median Return on Investment of 3.4 times their initial investment, with one in five reporting a staggering 50 times Return on Investment.

In addition, the same survey revealed that 95% of individuals who worked with a coach gave them a “good” or “outstanding” rating. proving that investing in coaching may help an organisation grow and become more productive.

A young firm may find it difficult to determine which coaching is the best fit for their organisation, given the possibilities and variety of coaching solutions on the market.

Learn how employee coaching can transform good employees into great ones. Discover tips and strategies for effective coaching from industry experts.