Startup Funding Espresso Evaluating Your Startup for a Turnaround
Evaluating Your Startup for a Turnaround Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing. If things are not going well at your startup you may want to consider implementing a turnaround program at some level. Here are key points to evaluate your startup\u2019s need for a turnaround: What are the customers saying? Review customer feedback to see where you are succeeding and failing. Do you have a competitive advantage? Your business needs to provide something unique. Do you have the right team for the business? Make sure everyone on the team fits the requirements and works toward a common goal. Is the fundamental concept behind the business sound? Review your value proposition to see if it\u2019s resonating with the market. Are you executing on the plan? It takes more than a written business plan to succeed. \xa0 You must execute on it. Does your brand mean something? If it doesn\u2019t then you need to rebrand or restart your current brand. Do you have enough funding to accomplish the plan? If not, you may need to raise additional capital. Consider these points to see if your startup needs to pivot or make other changes. \xa0 Thank you for joining us for the Startup Funding Espresso where we help startups and investors connect for funding. Let\u2019s go startup something today. _______________________________________________________ For more episodes from Investor Connect, please visit the site at: \xa0 Check out our other podcasts here: \xa0 For Investors check out: \xa0 For Startups check out: \xa0 For eGuides check out: \xa0 For upcoming Events, check out \xa0\xa0 For Feedback please contact info@tencapital.group\xa0\xa0\xa0 Please , share, and leave a review. Music courtesy of .