According to Harvard Business School's Shikar Ghosh, 75% of startups never return cash to investors and 40% end up losing all of investors' money.
Only great execution can solve this issue.Conducting due diligence before pulling the "action" trigger is key as well. No seat-of-the-pants "flying" if you want to succeed.
Wth unpredictability in business being what it is, here are some critical action items:
-Balance innovation with operational execution
-Develop processes to reach or exceed revenue growth goals
-Create a way to implement and sustain brand recognition/awareness
-Demonstrate provable, repeatable results
Creating an operational "blueprint" will help you visualize business goals and executional strategies through modeling BEFORE you waste resources. Plus it removes guesswork and emotion from the equation. Bringing your management team and investors to sing off the same page, can make all the difference in thriving or failing.