Founder & Ceo
CurrentIt is well known that more than 90 percent of young start-ups fail. The main reason for this high infant-mortality rate is not anything new; it is converging on its idea’s product-market fit. This appraisal starts early in the start-up’s life cycle with its ability to develop its Minimum Viable Product (MVP) that wows its early customers.The reason for this high rate of failure is that entrepreneurial ventures encounter obstacles in efficiently developing MVPs due to limited internal expertise, resources, and time constraints. Much of these can be lumped together in a category by itself—founders’ unconscious incompetence—they don’t know what they don’t know. This results in delayed market entry, increased development costs, and both gross and nuanced product idea validation. Therefore, these companies struggle to gain early traction and achieve product-market fit, impeding—even scuttling—their path to sustainable growth and success.I founded ProdGen with a vision to democratize technopreneurship. Technopreneurship goes beyond creating successful businesses; it has the power to drive positive change, address global challenges, and contribute to the well-being of humanity.