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The Startup Velocity Question: Diagnostic

Posted on Wednesday, Apr 17th 2024

How do you diagnose what is hindering velocity in your startup?

Is it Technology?
Is it the Product?
Is it the Market?
Is it the Sales Team?
Is it Positioning?

What CAN be fixed?
What CANNOT be fixed?
What is the RIGHT funding strategy at this juncture?
What is the RIGHT exit strategy?

You have to be honest with yourself.
You have to be willing to ask and answer the tough questions:
Why are you losing deals to competitors?
Why are deals not closing?
And many more.

Key Takeaways:

  • Diagnosing velocity issues requires willingness to ask tough questions.
  • Identifying whether the problem lies in technology, product, market, sales team, or positioning is crucial.
  • Understanding what can and cannot be fixed helps in planning the right strategy.
  • Clarity on the right funding and exit strategies is essential for moving forward.

My Question to You:

Have you diagnosed your startup’s velocity issue?

If you think you need help, consider 1-on-1 Private Consulting with me. I will diagnose and create a path forward in an hour.

Photo Credit: StockSnap from Pixabay

This segment is a part in the series : The Startup Velocity Question

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