Money Mover say ...
We're 10!
It's been a whole ten years since Money Mover was founded.
Startup survival rates in the UK at the 10-year mark present an interesting picture of entrepreneurship. According to recent statistics, the survival rate for startups reaching the milestone of 10 years is relatively low. Studies suggest that only around 40% of startups in the UK survive beyond the first decade. While this may seem daunting, it also highlights the resilience and determination required to navigate the challenging landscape of entrepreneurship.
Startups that manage to overcome the odds demonstrate exceptional adaptability, innovation, and a keen understanding of their customers' needs. These statistics serve as a reminder of the importance of building a strong foundation, embracing innovation, fostering strategic partnerships, and placing the customer at the centre of the business strategy to increase the likelihood of long-term success.
With thanks to the great customers, amazing partners (like Green & Purple, BCS Wilson Partners and Backstop Consulting) and fabulous team, who have all made it possible.
You can read more about our ten year journey in the blog post from Money Mover CEO Hamish Anderson here
