The Titanic Effect

The Titanic Effect

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Author: Todd Saxton
ISBN: 9781642792140
Publisher: Morgan James Publishing
Year first published: 27 Jun 2019
Pages: 254
Format: Paperback / softback

Reveals the challenges entrepreneurs face, and offers a toolkit for them to navigate around sources of failureShares the authors' wisdom from decades of starting, advising, and investing in hundreds of startups to show entrepreneurs how to navigate the uncertainty that can sink their venturesInforms early-stage investors about the hidden debts startups may have incurred which can sink them and waste their investor dollars Provides a tool for entrepreneurs and their stakeholders to measure and manage hidden non-financial debtsGoes beyond the glamor of entrepreneurship portrayed in dozens of books to unveil navigation plans and avoid startup failureIn 2016, nearly $100 billion in Venture Capital and Angel funding was invested in startups, with a failure rate of over 70%. The Titanic Effect helps investors understand why these startups fail and offers a mechanism to prevent such failure. Reveals the true reasons behind the sinking of the Titanic and why the catastrophic losses occurredWritten in the style of Steven Johnson (How We Got To Now, Future Perfect) and Daniel Pink (Drive, A Whole New Mind).


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