Startups Fail for a Few Key Reasons
Follow your passion. Do what you really love. Work isn’t work when you love it. Live your dream life – become an entrepreneur. We could go on for paragraphs with the social media ready soundbites people love to spout about entrepreneurship but, (1) you’d be bored, (2) eventually you’d smell a rat, and (3) we’d […]
Can You Embrace Creative Destruction?
In the 1950s, Austrian economist Joseph Schumpeter coined the term Creative Destruction: a process of industrial mutation that continuously revolutionizes the economic structure from within, incessantly destroying the old one, incessantly creating a new one Creative destruction is the lifeblood of capitalism. Embracing creative destruction is a survival skill for entrepreneurs. Companies literally die when […]
Learning Resilience: Are You a Hero or a Victim?
Let’s start with a tautology we’ve all heard before: life is full of ups and downs. Every child starts to understand this from the earliest age; this understanding helps them develop the social-emotional skills they use to relate to the people they interact with and everyday life. You learned this and your resilience through this […]
How to Manage Feeling Like an Imposter in Your Own Business
Have you ever felt like a fraud? That sickly feeling of guilt — although unwarranted and false — occurs within all high-achievers. How do you know if you’re experiencing imposter syndrome? If you have high expectations for yourself, never let yourself relish in your successes, or even if you’re a woman or a […]
Why Do So Many Startups Fail?
More small businesses and startups are being started than ever before, but only 10% of them succeed. What makes 90% of new businesses fail? Most of them fail because of a few key reasons – minefields you need to be aware of in starting or running your own company. ideamix founder, Sam Jayanti, explains the […]
9 Out of 10 Startups Fail
Startups are common today, but that was not always the case. In 1600, The Company of Merchants of London started the English East India Company to muscle in on the Dutch dominated spice trade. Investors committing seed funding for an exploratory search for the Spice Islands signed up for more than they bargained for: [T]he […]