Building a perfect startup from an idea is not as easy as it sounds. You might be able to plan, build, and execute your vision from scratch. However, how sure are you that it will succeed? According to Failory.com, about 90% of startups fail in their first year.
With the increasing need for digitalisation, you probably noticed the booming demand for digital marketing.
A business idea is like the blood of a company. It is the essential part of a business that drives everything and keeps everything going. It needs to be unique with a huge potential to capture a considerable market.
The startup business is a very competitive arena. Startup entrepreneurs must do their best to build their brand, market their products and services, and create a good reputation. Luckily, the digital age made this more accessible to businesses.
Let’s face it. Not all startups succeed after they create their business. According to the Australian Bureau of Statistics, more than 60% of small businesses or startups stop their operation after the first three years of their business.
As an entrepreneur, you need to be careful of the product, service, and industry you are venturing into. Launching an unsure path is a risky decision; despite having all the resources and time you need.
Flexilabs is a premier incubator program designed to support innovative Australian business owners. We offer a range of strategic partnerships, from specialised training programs to the development of minimum viable products, helping businesses turn ideas into reality.
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