First Year Survival Tips for Startups

Starting a new business is exciting…and scary, very scary. You’re surviving on little more than adrenaline coffee and a dream. You’re making lots of important decisions that will undoubtedly affect your future, and you don’t know if they’re going to pay off or not. It’s a lot to deal with, so it isn’t surprising that around 80 percent of new businesses fail in the first year!

The stats might not look good, but you need to remember that 20 percent of startup do fight to live another day and there is no reason you cannot be one of them, especially if you apply these first-year startup tips:

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