BizBites by Ethique Advisory

Lack of Product Market Fit Indian Startups had a stellar year in 2021, setting several new records -the number of startups acquiring unicorn status, the number of new startups launched, and the record funding received by startups. Now more than ever, Indian startup founders are aspiring the unicorn status, that is, a $1 billion valuation. All the good news could make one forget the struggle to launch a successful startup.  It is no surprise that 90% of all startups fail within five years of being founded. Why startups fail? What should the founders do to mitigate failure? Let us look at five factors that spell doom for startups and how the founders can address the situation fitfully. Failing to raise new capital Lack of Product Market Fit Competitive Landscape Pricing/Cost Challenges Product Launch Timing Discover the common reasons in detail why startups fail & how to avoid them.  Gain insights from industry experts to  help your startup succeed .  Read more now Visit Our Blog!

Organizations and employees often prioritize degree or skill-based hiring, but research has shown that success is driven more by EQ than IQ, with 80% attributed to EQ. Industry leaders suggest hiring for attitude over skills. An all-star team isn't enough without support and collaboration. While senior management is responsible for building a thriving workplace, it can be challenging. An executive coach can provide a solution by helping senior executives acquire coaching and management skills while enhancing personal development. With an unbiased and skilled perspective, executive coaches bring fresh insights and make coaching more acceptable to employees. According to a recent International Coaching survey, people who participated in coaching saw a median Return on Investment of 3.4 times their initial investment, with one in five reporting a staggering 50 times Return on Investment. In addition, the same survey revealed that 95% of individuals who worked with a coach gave them a

Coaching is an indispensable tool to help leaders manage the transition, new responsibilities, challenges faced as a leader, or the need for fresh perspectives on their potential and business strategies. A survey conducted in 2021 revealed that 67% of the participants said that coaching increased employee engagement and satisfaction, while 60% said it improved employees’ perception of leadership quality.  So, what is high-impact coaching, and why is it needed? Let’s take a closer look. The Need for High-Impact Coaching   Today’s business landscape is dynamic- constantly evolving, increasingly complex and competitive. The Leaders battle leading diverse teams, navigating the organizational maze while adapting to the ever-changing market conditions. It throws up new challenges for the leaders requiring them to acquire new skills and competencies to stay current.   Unfortunately, traditional leadership training and development programs fall short of preparing the leader with the required s