Nowadays, the stability of the market seems to be more fiction than real, that the newly -introduced tariff is shaking in the global economy. Before that, we have seen downturn in investment, growing geo -political tension, introduction of new rules across different regions and rapid technical progress, especially artificial intelligence.
In these challenging situations, startups need to survive, develop and compete. The adaptability of change becomes the key to sustainability. According to data, agencies do not make it to them at about 65% early stages Tenth anniversaryThe About 16% of it is around Financial reasonThe However, if we dig deeper, it becomes clear that money is rarely the main problem – it is often a consequence.
From my experience, the real reasons for why so many startups can be in weak management, poor internal communication or inefficient business models. To create sustainable companies, the founders must look out of the visible tip of the iceberg – the visible tip of the Iceberg, and to solve a wide structural problem through systematic methods in management.
1 Operational skills as the foundation
If money is not the main problem, then what? A startup has the ability to handle resources efficiently at the center of financial stability. These include the rebuilding the organizational structure, eliminating unnecessary and where the appropriate, the processes are involved in the implementation of automatic processes.
Budgets and other resources must be flexible to adapt to market changes. By regularly planning money and actively managing risks, startups can expect where the business can be cut without damaging.
2 Don’t forget about diversity
The second main area is the revenue diversity. Diversity is important in creating such an elastic business in the portfolio of the traditional investment investment. A startup that depends on the single cashing channel, even at risk in the small market shift.
How can startups be more flexible? An alternative is to transfer the subscription to the model or to receive usage-based price, especially in the case of fintech. It is also considered pre-selling, provided features, integration and other equipment that helps to create a ecosystem around the product. Reducing dependence on a single earning flow allows greater strategic freedom and reduces the risk.
3 Create a strong team
However, none of them are possible except the capable team. Appointment of professionals simply begins; You have to hold them. This means providing transparent career paths, increasing confidence, providing flexible work formats and developing a positive corporate culture where party members are involved in decision making.
Studies show that employee employees can increase productivity and profitability by about 25%. In my experience, when a party feels valuable, it is loyal – even in difficult times – and the startup growth becomes an irreversible asset at any stage.
4 Be honest in your contact
Open, honest communication is essential – both internal and external. Both good times and bad times create faith in transparency. Discussing the goals of strategy changes and reconsideration ensures alignment and strengthens the internal and external support of the startup network.
When team members understand the argument behind the direction and decision of the company, the operations are more smooth. Investors are more likely to support a project when they have a clear view of what is happening and engaged in.
5 … Create meaningful partnerships
Transparency with investors is only part of the equation. Depending on how the startups go to the partnership also depends on how sustainability. Mature startups often create a strong relationship with the foundation and the main market players in the basic market players. It not only helps the rapid access to the fund but also opens the door to long -term strategic assistance.
For investors, the parties that are open to the dialogue signal for maturity and foresight. In exchange, funds can provide consultants, networks or accessors programs – support that can sometimes prove more valuable than investment.
SumThe stability of a startup is not just about bank cash. It is about the ability to adapt, to face disaster or to occupy the opportunities and work strategically. Startups that address these regions before a crisis are hit is that it is the end that survives, achieve success and develops in unicorns that re -shape markets and determine new values.
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