We’ve launched our AI powered business coaching app for startup CEOs
In the words of Venture capitalist Hans Tung,
“Good entrepreneurs learn from their own mistakes, great entrepreneurs learn from other people’s mistakes”
We have just launched the Tactyqal app and want to help every founder become a great entrepreneur.
We look at startups as a cumulative sum of the founders’ decisions. Each good decision drives a business towards success and each bad decision, away from it. In some cases, even a single bad decision can ruin your business.
Most companies fail because CEOs are unable to make the right strategic decisions at the right time. This can be due to decision fatigue or not having the right data and knowledge to make the decisions. Even judges in court offer parole to only 10% of prisoners at the later part of the day compared to 90% in the early part of the day due to decision fatigue.
Decision making is hard because it’s always about asking the right questions.
Decision making starts from the time an entrepreneur has to choose whether to start a business or not, whether to get a partner/cofounder, choosing the right idea, till the time the business is ready to exit either in form of an acquisition or eventually from having to shut down the company.
Decisions need to be fast, data-driven, and hopefully, right most of the time.
As a CEO your main role is to make decisions. You don’t succeed by making a single good decision but a set of continuous great decisions. Whether you are the founder of an idea stage startup or CEO of a larger company, your success will depend on how fast and how good you can make decisions.
Over the last couple of years, we have researched startups as venture capitalists, as market researchers, as growth hackers, and as startup founders.
We have looked at diverse data which include analyzing 100s of pitch decks, talking to startup founders, looking at investment theses and analyses of different VC firms, research papers, books, and journals.
We have identified numerous patterns among both successful and unsuccessful startups, and based on our findings we have carefully crafted a set of assessments that will help founders and CEOs scale their business and take important business decisions across
- The Founder & The Team
- Product
- Market
- Running business operations
- Traction
We have just launched the Tactyqal app. The current app helps early-stage entrepreneurs assess and make decisions on various aspects of their business idea. The app also consists of short educational videos to help the entrepreneur understand and evaluate decisions.
All you have to do is answer simple questions about some of the most common problems startup businesses face. Tactyq’s AI assesses your answers against its frameworks & models. You receive a personalized assessment report that tells you what you could do next.
Our app will help entrepreneurs
- save time by not having to go through hours of self-research
- save money not hiring consultants
- bringing convenience to the decision-making process
If you liked this post, check out our other posts on the Tactyqal blog.
