There is a lot of information on how to succeed in startups, but it can be difficult for someone who isn’t an expert. In fact, 90% of new businesses fail because they make these common yet avoidable mistakes. Those who are just getting started with their own companies can only benefit from the knowledge of those who have come before them. One entrepreneur’s quest to help others achieve their larger goals has yielded a company that benefits all starting entrepreneurs.
Gregory Shepard is known for his expertise in scaling startups and other endeavors. He is responsible for 12 liquidity events, two of which were sold as part of a $925 million transaction. He has also won 4 Private Equity Awards for transactions between $250 million to $1 billion. Aside from these impressive achievements, he has also written hundreds of articles for ForbesBooks, is the host of The BOSS Podcast, and has appeared on several podcasts, popular network TV programs, and radio shows.
Gregory co-founded BOSS Startup Science with the goal of providing entrepreneurs with essential knowledge on how they can grow their startups into massive enterprises. As he explained, “I am motivated by the concept of being able to change income and wealth inequality through entrepreneurship and poor people that are living check-to-check into a different category of wealth.”
After 25 years of success in business, Gregory developed a system to help other entrepreneurs succeed. Called Business Operating Support System or BOSS, it is a business methodology that provides the framework for achieving success by using early-stage startup techniques that have been proven effective time and again across many industries.
The program was designed to help founders avoid common mistakes in starting, growing, and scaling a business with less risk. It empowers entrepreneurs and makes them confident about their startups’ success rates, increasing the chance of being successful themselves.
To address the needs of entrepreneurs, BOSS Startup Science created an educational platform that helps users understand how to get started with their business. The unique learning center provides tools and information using BOSS principles so users can create their own success story. The company stays true to their motto: “In the startup world, there is a fine line between success and failure. Our entire focus is helping you walk it.”
BOSS Startup Science offers a program called BOSS Startup Lifecycle, where students are given a valuable roadmap to track their progress from Vision to Exit. Aside from this, Gregory also created BOSS Capital Partners, which is a global syndicate for investing in tech startups worldwide.
Gregory’s research paper Silver Master also outlines root causes that contribute to the failure of roughly 90% of start-up companies within their first two years of business. This data driven book compiled 5-years and over 1,200 interviews conducted of start-ups and entrepreneurs in different phases of their life cycle.
Gregory’s experience in business has helped entrepreneurs all over the country. With the intent of helping more people, he wrote a book on why startup companies within the world are doing most things wrong and why there is a 90% failure rate. The book is called Silver Master, and it’s definitely a big value-add. More importantly, he has shown that this does not have to be the case with BOSS Startup Science.
Gregory’s plan is to scale his venture and reach a wider audience. With his current success, he hopes that more people will see the invaluable service given by BOSS Startup Science.