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5 Strategies for Building Early-Stage Momentum

November 22, 2017 /

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Bear Paw Development Corporation is a private non-profit organization created for the purpose of administering programs to help improve regional economic conditions in Hill, Blaine, Liberty, Chouteau and Phillips Counties and the Fort Belknap and Rocky Boy's Indian Reservations.

Anyone who’s starting a business has no doubt been informed of this scary statistic: More than half of all startups fail to survive past year four. Unless your goal is to get rich in less than four years and then call it quits, it’s important to develop a plan for defying the odds.

The more your business is able to pick up steam in its early years, the greater chance it will have for long-term success. Those businesses that don’t make it past year five? Odds are good they didn’t have a great year one, year two, year three, or year four. So here’s one way to beat the startup odds: Take steps to build momentum right out of the gate. Here are five key strategies for getting started.

by Kenny Kline

https://www.techstars.com/content/accelerators/5-strategies-building-early-stage-momentum/?utm_campaign=Startup%20Programs%20Newsletters%20&utm_source=hs_email&utm_medium=email&utm_content=58686797&_hsenc=p2ANqtz-8aWu8rEGAcXAjEbkD_OjFacLqpxaeXXZICNfFg3UZKQkZa61uKCGTJGrAjx9njI7xMV6L9o-h2UDhBo42vp-yzyYk_Iw&_hsmi=58686797