Monthly Archives: December 2011

The Eighty Percent Acquisition Rule

Posted on December 30, 2011 by Dave Berkus

Eighty percent of all businesses purchased by another company or by a new investor-operator fail to meet the stated expectations of the buyer after one year. As with the fifty percent rule, this rule is hard to find an author … Continue reading →

Posted in Growth!, Protecting the business | Leave a comment

The Fifty Percent Startup Rule

Posted on December 23, 2011 by Dave Berkus

 Fifty percent of all businesses formed fail within the first two years.  There are many variations of this number since there are a number of ways to measure failure.  But the number is a startling reminder that creating a business … Continue reading →

Posted in Ignition! Starting up | 1 Comment

Is success a goal or a byproduct?

Posted on December 15, 2011 by Dave Berkus

               Look this up sometime in your browser: “Success is a byproduct, not a goal.”  You will find it attributed to tens of originators.  I first heard this in an episode of Friday Night Lights, when sage Coach Taylor began … Continue reading →

Posted in Finding your ideal niche, Growth! | Leave a comment

The trend is your friend.

Posted on December 13, 2011 by Dave Berkus

Too many startup businesses, especially in the technology world, are built upon brand new concepts that have not yet been proven in the field with products from other companies that have revenues flowing.  As a rule, creating a product that … Continue reading →

Posted in Finding your ideal niche, Growth! | Leave a comment

Good hearts finish first.

Posted on December 3, 2011 by Dave Berkus

People argue over whether an entrepreneur with a sense of fairness, a desire for collegiality, a want to share the profits can succeed in the long run within a business world full of lions and tigers that eat timid entrepreneurs … Continue reading →

Posted in Ignition! Starting up | 9 Comments