Startup Revenue Model Failures

Abstract

Start-up is a fast-growing business and its revenue model, as conceptual framework for revenue, income and above average return on investment generation, can be considered to be the heart of the business model and the key to its success.The subject of the study are the specifics of startup monetization models in Slovakia. The main goal of the study is to define the types of revenue models used on Slovak startups market place and to answe the question whether there is a significant difference in startups' revenue failures due to the revenue model, pricing model and time of payment. The methods used in gathering data were regular one on one in person interviews with startup founders and the ANOVA and Tukey's honest significant difference methods. We considered the results to be statistically significant if they were on level p < 0.05. The results we found is a significant difference between focusing on a concrete revenue model compared to not having one and there was not a significant difference among models itself.

Discovering Support Needed for Startups in Their Early Stages Using on Penta Helix Framework

“…The last obstacle according to this study is the external environment constraints of the business, in the form of trends that must be followed or created, the demands of the markets that have been fulfilled, legal compliance demands that must be followed and other external demands which are challenges that are not easy to overcome (Salamzadeh & Kawamorita, 2015). Some of the obstacles faced by startups based on this study are where startups experience constraints in the HR field, competition challenges, marketing difficulties, in line with the findings of the obstacles faced by startups that are the cause of their bankruptcy which has been investigated by (Bednar et al, 2018;Cantamessa et al, 2018;Triebel, 2018b) and CB Insight (2019) and have been described in Table 3.…”

Survival of the funded: Econometric analysis of startup longevity and success

“…Using the results of that estimation, we propose two other dependent variables-revenues and employment-each also used to measure new-/ Survival of the funded: Econometric analysis of startup longevity and success venture success (Hipp & Binz, 2020;Bednar et al, 2018;Kim, 2020;Groenewegen & de Langen, 2012;and others). Those additional dependent variables are modeled as conditional on survival to avoid sample selection bias by using only the surviving firms, but otherwise include the same explanatory variables.…”

“…Research has diverged into predominantly two directions: a) through the presence of successful financing under the hypothesis that investment by a competitive source is a strong signal of success (e.g., Wang et al, 2019), and b) through metrics standard in evaluating older ventures. That latter path is exemplified by studies using firm survival (Hipp and Binz, 2020), sales growth (Bednar et al, 2018), turnover (Kim, 2020), or return on equity (Laitinen, 2019). Since objective success and financing outcomes are inextricably linked, investor financing may be determined, which then creates further success either objectively or via subsequent rounds of subjective investor decisions (Kleinert et al, 2021).…”

Modelos de negocio y su influencia en el sector de servicios. Revisión de literatura

“…Otro ejemplo el colocar personas carentes de visión e inexperiencias dentro del giro del servicio/producto, por lo se vería comprometida la gestión del mismo dentro del mercado (Bednar et al, 2018).…”