An important factor for new entrepreneurs is the ability and willingness to change your business model or product if necessary. This infographic shows eight successful startups that ended up doing something different from the original idea (and it’s a pretty impressive list!).
Can you think of any other startups that pivoted and went on to be a huge success?
This infographic will help encourage you to take that leap into the wonderful world of the web by debunking some commonly held myths and revealing some fascinating facts about the expanding e-commerce market.
The average age of CEOs has declined over the years, from 59 years old in 1980 to 56 years old in 2013.
This infographic really highlights the importance of customer loyalty marketing and really focusing on your existing customers.
Data show that loyal customers, those who visit stores at least ten times, account for about 20 percent of a company’s shoppers. Furthermore, that 20 percent drives 80 percent of a firm’s total revenue and comprises 72 percent of total visits to a business.
We hope this list will come in handy on your startup journey and help you to avoid some of the pitfalls that brought down other startups.
Have you been part of a failed startup. If so, what were the main reasons that it didn’t make it?