Why 60% of Startups Fail (And Why Business Doesn't Have to Be Lonely)
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Why do over 60% of #startups fail when there is so much business support out there? Ricci Colla of Those Collaborations joins Dani Wallace on The Festoon 500 Interviews.Those Collaborations: https://thosecollaborations.co.ukThinking Spaces: https://thosecollaborations.co.uk/thinking-spaceJoin the Festoon 500 community: https://highlevel.thebigfestoon.com/festoon500Going from employee to business owner can feel lonely fast. One day you have colleagues, the next you are wearing eight or nine hats, spending most of your time on things you never set out to do, and sometimes working for months with no money coming in. Ricci believes that is exactly where so many founders give up, often just before the pivotal point.In this episode Ricci shares why it takes a village to raise a business, how his coaching business began when a friend stepping into a CEO role asked for help, and why business advice that says "this is the only way" doesn't work for unique humans. He and Dani also talk about finding the leaders who support business leaders, why success leaves clues, and why being part of just one network doesn't really suffice anymore.Ricci also shares what he and his brother Paul are building next: a membership run with its founding members as ambassadors, action focused local meetups (no mouthful of croissant networking), Lunch Break Live, Thinking Spaces, and Collaborative, a business and wellbeing event by the sea in the South.If you are in the early years of your business and it feels like you are doing it all on your own, this conversation is for you.RICCI COLLA, THOSE COLLABORATIONSWebsite: https://thosecollaborations.co.ukThinking Spaces: https://thosecollaborations.co.uk/thinking-spaceLinkedIn: https://www.linkedin.com/in/riccicollaFacebook: search "Ricci Colla"JOIN THE FESTOON 500The Festoon 500 is Dani Wallace's founding community of 500 business owners who believe we all do well when we all do well. Every pass includes tickets to The Big Festoon and the Beyond the Arena meetups, and sponsors grassroots organisations into The Big Festoon who might not otherwise be able to attend.https://highlevel.thebigfestoon.com/festoon500CHAPTERS0:00 Trailer: Why 60% of Startups Fail1:00 Welcome to The Festoon 500 Interviews3:54 Meet Ricci Colla: Business Support for Early Stage Founders7:05 Why Starting a Business Feels So Lonely8:29 Why Do Over 60% of Startups Fail?11:14 How a Coaching Business Started With One Friend14:16 Building a Business Community With Ambassadors and Local Meetups17:39 How to Get Involved: Lunch Break Live and Thinking Spaces19:23 Collaborative: A Business and Wellbeing Event by the Sea23:33 Why The Big Festoon Keeps Drawing Founders Back25:18 Where to Find Ricci Colla and How to Join the Festoon 500#startups #entrepreneur #smallbusiness