Attempting to build a business within today’s economic climate is, no doubt one of the most challenging things to do. In fact, statistics show that over 90 percent of new startups go under within their first five years in operation. In a world where the growth of jobs has slowed down, this cannot be good news to the average entrepreneur.
However, even within these times of great difficulty stand a couple of successful people in business who possess a keen eye for business and which are deemed as serial entrepreneurs. Although this group of talented individuals is small, it provides us with the understanding that business may be more than simply surviving the market.
One of these serial entrepreneurs is Melbourne Australian Luke Lazarus. Mr.Lazarus has enjoyed a plethora of success within his own business ventures. His eye for detail and overachieving has been seen since his early school days as Mr.Lazarus would often come out on top of his class.
After his time within the public education system, Luke Lazarus was offered a variety of opportunities from universities all across the world, including top ivy colleges from the United States.
However, Luke Lazarus would choose the road less taken by staying in Australia and attending the Melbourne school of business, where he would eventually earn an MBA. Read more: Luke Lazarus Helps Companies Go From Zero to IPO and Luke Lazarus | Business
After his time in college, Luke Lazarus would spend the better part of a decade creating multiple companies. Before his 33rd birthday, Luke Lazarus would sell all four of his companies for such a large sum that he would be financially independent by the age of 35.
This new found freedom provided Luke Lazarus the ability to choose whatever he wanted to do for the rest of his life. It was this that provided him the understanding that he didn’t want just to earn money but help others achieve their goals as well.
Luke Lazarus would eventually choose to become a business consultant in Melbourne with the same intensity in which he led his previous companies. This new approach to business consulting led him to be described as brutally, honest, and straightforward.
Mr. Lazarus has gone on record to say that brutal honesty is in fact, not a luxury in business but a necessity to stay alive. In addition to this, Mr.Lazarus has commented on the lack of basic knowledge within the start-up community.
He clarifies this by saying that although those leading these companies are incredibly smart, they have no clue about how to take their show on the road, maintaining financial books and branding their company.
In addition to the issues mentioned above, Luke Lazarus also provides his expertise in the field of company presentation. This includes providing business leaders with a company that will be attractive for angel investors.
This can be included in one of the areas that most leaders need to work on as according to Luke Lazarus, the gap between entrepreneurs and their lack of knowledge about the importance of venture capital is very wide. Luke Lazarus concludes by stating that venture capital in today’s market is crucial to the life span of the company itself.
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