50 Ways to Kill your Business

Creating a business, developing it, and leading it to success: a dream shared by thousands of entrepreneurs every year. But the reality is often far more complex. Unexpected crises, strategic mistakes, and poor decisions can quickly threaten the survival of your venture.From choosing the wrong partners to bad hires, from business succession to securing funding or even setting up a compensation strategy, the obstacles are many. And what if every step was either an opportunity… or a fatal risk?Drawing from his experience as the founder and CEO of a digital agency, Hervé Kabla has identified 50 pivotal moments where everything can change. In this book, he shares practical advice and proven solutions to help you avoid pitfalls and turn challenges into triumphs.Whether you're a budding entrepreneur or an experienced leader, this book will guide you in making the right decisions, overcoming crises, and building a resilient and enduring business.Because success also means knowing how to avoid failure.BOOK SUMMARYPart 1: Starting Your Business1. Choosing Your Partners2. Choosing The Level of Involvement3. Choosing Your Lifestyle4. Choosing Your Company’s Name5. Innovate or Copy an Idea?6. Choosing Your OfficePart 2: Building the Team 7. Recruiting the First Employees8. Recruiting Middle Management9. Recruiting salespeople10. Recruiting engineers 11. Implementing Remote Work12. Dealing with Salaries Policy13. Recruit or Outsource 14. Parting Ways with Employees Part 3: Developing the Company 15. Developing Sales 16. Delivering 17. Hiring and hiring again 18. Moving, again 19. Subcontracting 20. Pivoting 21. Going Overseas 22. Finding Partners 23. Growing through Acquisitions24. Managing your business Part 4: Development Funding 25. Funding 26. Seed Funding27. Raising Funds28. Securing a Loan29. Benefiting from Tax Credits30. Obtaining Grants31. Going Public Part 5: Navigating Crisis 32. To lead is to Manage Crisis33. Seeking Advice 34. Managing Cash 35. Reducing the Scope 36. Shutting down a business line 37. Going Bankruptcy 38. Following a Continuation Plan 39. Communicating during Crisis Part 6: Managing Success 40. Celebrating Success 41. Communicating 42. Rewarding Teams 43. Rewarding Partners 44. Getting Ready for the Next Steps 45. Stepping Aside for Someone More Competent 46. Managing Hubris Part 7: Passing on the Business 47. Selling your Business48. Choosing your Successor 49. Passing on to your Children 50. Transferring in Court Read more