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"There's no harm in hoping for the best, as long as you're prepared for the worst" - Stephen King
CHECK OUT THE STATISTICS:
Cashflow Issues
82% of businesses that fail do so because of cashflow problems.
Source: Review 42
Optimism Fails
73% of Businesses fail because they were overly optimistic about achievable sales.
Source: Preferred CFO
Startup Funds
79% of failed businesses start out with too little money.
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Source: US BANK / SCORE
You're an OPTIMIST.
We get it!
We're optimists too, but after years of experience, we've learned to plan for the worst!
Most times, it takes longer than we think to develop our product and acquire customers. And these days, it definitely takes waaay longer to raise money for our ventures!
Use this checklist to make smart decisions now and conserve your startup capital!
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Hi Founders-
Throughout my career, I've spoken to HUNDREDS of investors, scaled successful businesses, and learned a lot about which ventures get funded (and which ones don't.)
Broad of Directors helps entrepreneurs who need funding build companies that get funded.
Deb Perkins, Founder, Broad of Directors
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