Our Mission
Venture HUB is a trusted Borderless Community of entrepreneurs, founders, creators, business owners, industry experts. We enable and support each other to consistently and persistently work toward our goals, with shared resources in venture education, network and media, especially with AI and Financial Intelligence expertise in Venture building from 0-to-1 and Wealth creation.
Venture HUB is being operated under the umbrella of Friends For Impact, Inc., a 501(c)3 organization in New York.
Why 90% of Startup FAIL?
Failure is most common thing for startups – about 90% of startups fail. Statistics show that, about 10% of startups fail within the first year. According to CBInsights, top 3 reasons why startups fail are:
- The number one reason is due to misreading market demand – 42% of cases.
- The second largest reason is due to running out of funding and personal money – 29% of cases.
- The third reasons is a weak founding team or founders’ breakup – 23% of cases.
Why 70% Startup FAIL within the first 5 years?
As per our research, 70% startups fail within the year two to year five. Besides those Top 3 reasons aforementioned, main reasons are being beaten by competition, pricing/cost issues, user-unfriendly products, poor marketing, and product mistiming.
In those economic downturn cycles, even those businesses who have been around for long also fail due to liquidity issues and cash flow problems. Fundera reported that 82% of businesses failed in 2023.
While top 1% founders have available resource to deploy, the rest of 99% entrepreneurs do not, and often, they fail. 90% of Startup fail within the first year and 70% of Startups fail within the first 5 years.
We believe that, everyone can avoid their losses, failures and can sustain their business if they can acquire new Skills, get adequate apprentice trainings to gain Know-how and build up Core Power, and have access to right resources and network. So – that is why Venture HUB is born.
Cross-border Support
In today’s rapidly evolving business landscape, continuous learning is crucial for success. Our Knowledge & Skills Hub is designed to bridge the gap between theoretical knowledge and practical application.
We offer Expert-led Webinar Series and Community-driven Knowledge-sharing Group with Peer-to-peer discussions. Members gain direct access to industry experts, fostering a collaborative environment. Our methodology focuses on peer-to-peer learning, expert insights, and real-world case studies, ensuring that our community members receive up-to-date, applicable knowledge to drive their business growth.
Ongoing Support
Structured, hands-on education is essential for developing the comprehensive skill set required to build and scale successful businesses. Many entrepreneurs lack access to high-quality, practical business trainings.
Our Apprenticeship-driven Training methodology emphasizes learning-by-doing, with participants working on real projects under the guidance of experienced mentors. We incorporate AI-driven progress tracking and personalized curriculum adjustments to ensure optimal learning outcomes.
We offer three main Apprentice Programs, catering to aspiring entrepreneurs, early-stage startup founders, and business owners looking to scale their operations or create personal wealth.
Impact
Navigating the complexities of business growth, especially in international markets, requires expert guidance and cutting-edge tools. Many entrepreneurs struggle with scaling their businesses effectively and expanding globally. Therefore, we offer Member Support Services to ease these challenges for our members.
Our Member Support Services focus on practical assistance for business expansion and development. We utilize AI-powered analytics to provide actionable insights, helping members make data-driven decisions. Our two key services are tailored for established entrepreneurs and business owners looking to expand their operations, enter new markets, or optimize their growth strategies. It’s particularly valuable for those targeting the U.S. market or considering accelerator programs.
Join us
Email us at: hello@venturehub.network
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