How Networking Can Launch Your Startup Faster | Cameron Forni

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12/3/2020

How Networking Can Launch Your Startup Faster | Cameron Forni | Entrepreneurship

a How Networking Can Launch Your Startup Faster by Cameron Forni | Oct 16, 2020 | Cameron Forni, Entrepreneurship

It’s common knowledge that 95% of startup businesses fail within the rst ve years. There are about 20 ways this can happen, the number one reason being a poor business model leading to a lack of market interest. The number two reason is a lack of money. Warren Bu et’s saying that cash is like oxygen to a business exists for a reason. A company cannot survive without money, which is why garnering the attention of investors is crucial to a young company. Even after coming up with the most brilliant business idea, writing a textbook-perfect business plan, and marketing your brand across several mediums, your company is still statistically guaranteed to fail without proper nancing. The 64/4 rule states that, if chosen wisely, 4% of the e ort you make will lead to a 64% increase in the success of your business. The trick is to pinpoint those high-impact

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