Startup Advisory

Stories of ‘Trust: The Ultimate Key’

According to the latest data, up to 90% of startups fail. Across almost all industries, the average failure rate for year one is 10% However, in years two through five, a staggering 70% of new businesses will fail.
How likely is your startup to fail?

Main Factors to Cause Startup Failure

  • Founder’s dilemma
    Startups often fail because founders become overly involved in multiple tasks themselves instead of delegating or engaging experts, which diverts their focus from critical aspect of driving the sales.
  • Lack of Market Need
    Building a product or service that no one wants due to ignoring actual market demand.
  • Inadequate Team:
    A weak team lacking core skills results in poor decision-making and execution.
  • Poor Business Model:
  • An unclear or flawed business model that hinders scalability and profitability.
  • Lack of Focus:
  • Trying to do too much at once or frequent pivots leading to diluted efforts and resources.
  • Poor Marketing:
  • Failing to effectively reach or attract the target audience, undermining product success.

What Boostanic can offer to boost your startup

  • Market research
  • Market analysis
  • Financial Planning
  • Team building
  • Strategic partnerships guidance
  • Business model development
  • Marketing and sales strategy

Achieve Extraordinary

  • We give impact to your purpose
  • A journey beyond expectations
  • Internship
  • On a mission to onboard 200 clients in 3 months
  • Turning challenges into triumphs (font)