Establishing an enterprise is the most competitive sport there is. And when the competition is tough, the bar is raised. The days of putting a sticker on a banana and calling that marketing just doesn’t exist anymore. As these standards raise, it becomes harder to compete and much easier to fail.
According to a Harvard Business School study by Shikhar Ghosh, 75% of venture-backed startups fail. These are business that have been well funded, yet they still fail. In a study by Statistic Brain, the failure rate of all U.S. companies after five years was over 50%, and over 70% after 10 years.
These numbers are hard to ignore and prove that business owners and executives need guidance. The million-dollar question is, where should they look for that guidance? The first place is the realization that you need a business consultant. People know they need an attorney to look over contracts and advise them with legal matters. They know they need a CPA or an accountant to advise them on tax related matters and filing. But why do many business owners fail to realize how vital a consultant is to your business?
Fact is that if the business fails you won’t need the attorney or accountant at all, yet many small business owners try to do it all on their own instead of protecting their business from the real threat- inexperience, mismanagement, bad decisions, and time. Yes, time. Time can be what compounds your progress or your regress. A business consultant can give you the tools to make time work for you instead of against you.
But with so many business consultants in the world, where should you look? My answer… New York City. NYC is fast paced and ultra-competitive. It’s called the concrete jungle for a reason. And like Frank Sinatra said, “If you can make it there, you can make it anywhere!”
While there are many great consultants in the United States, New York business consultants approach business from a unique mindset that says to survive you must go on offense. Since New Yorkers often tend to be more aggressive by nature, it translates well when you’re looking for aggressive growth in business.
I live in New York for a reason. I’m not here for the weather, I’m definitely not here because I love the traffic, I’m here because just like your business, the city never sleeps. And just like business, it moves at the speed of light. The difference between a New York business consultant and a consultant from the west coast or the Midwest, is the difference between four shots of expresso and a good ol’ cup of Joe. There’s nothing wrong with either, but if you’d like to accelerate sales and add rocket fuel to your growth, I recommend you choosing from the pool of New York financial consultants where the competition is fierce, and the rewards are incredible.
To see if a New York corporate consultant is right for you, contact MindStorm and schedule a call with a consultant. Within a few minutes you’ll see what I mean.