Mangrove - Formerly Fixity

Operational failures are a significant contributor to startup failure. Many of these failures are entirely preventable, yet they continue to plague businesses, even those with substantial funding. Statistics: ❌ 25-30% of VC-backed startups still fail, despite extra funding. ❌ Almost all startup "unicorns" (99.9%) will eventually fail. ❌ All businesses have a 70% failure rate in the long term, increasing to 50% by year five and 70% by year ten. ❌ Entrepreneurs waste around 40% of their time on non-income-generating tasks. Mangrove offers a solution to these common pitfalls by helping businesses to: 𝟭. 𝗜𝗱𝗲𝗻𝘁𝗶𝗳𝘆 𝗖𝗼𝗿𝗲 𝗢𝗽𝗲𝗿𝗮𝘁𝗶𝗼𝗻𝘀 Pinpoint the essential products or services that drive your success. Focus: Ensure your resources and efforts are aligned with your core business. 𝟮. 𝗠𝗮𝗽 𝗡𝗲𝗰𝗲𝘀𝘀𝗮𝗿𝘆 𝗥𝗲𝘀𝗼𝘂𝗿𝗰𝗲𝘀 Efficiency: Understand the physical, human, and intangible resources required for optimal performance. Focus: Allocate resources effectively to avoid bottlenecks and inefficiencies. 𝟯. 𝗔𝘀𝘀𝗲𝘀𝘀 𝗥𝗲𝘀𝗶𝗹𝗶𝗲𝗻𝗰𝗲 Identify potential vulnerabilities and risks in your operations. Focus: Develop strategies to improve resilience and minimize disruptions. 𝟰. 𝗣𝗿𝗶𝗼𝗿𝗶𝘁𝗶𝘀𝗲 𝗥𝗶𝘀𝗸𝘀 Evaluate threats based on their likelihood and potential impact. Focus: Address high-priority risks to protect your business. 𝟱. 𝗜𝗺𝗽𝗹𝗲𝗺𝗲𝗻𝘁 𝗠𝗶𝘁𝗶𝗴𝗮𝘁𝗶𝗼𝗻 𝗦𝘁𝗿𝗮𝘁𝗲𝗴𝗶𝗲𝘀 Develop plans to counter identified risks, such as diversification or contingency planning. Focus: Be ready to respond effectively to challenges and disruptions. Building a successful business doesn't have to be complicated. By addressing these core areas it becomes easier to build a more resilient and sustainable business, reducing the risk of costly operational failures. #startup #business #failure #operational #avoid #mistakes #success #sustainability #buildbetter #scalefaster #failless #intuitive #scalable #resilience

Mangrove is Growing! 🌱 "𝐼𝑓 𝑦𝑜𝑢 𝑑𝑜𝑛'𝑡 𝑡ℎ𝑖𝑛𝑘 𝑠𝑚𝑎𝑙𝑙 𝑡ℎ𝑖𝑛𝑔𝑠 𝑚𝑎𝑡𝑡𝑒𝑟, 𝑙𝑜𝑐𝑘 𝑦𝑜𝑢𝑟𝑠𝑒𝑙𝑓 𝑖𝑛 𝑎 𝑑𝑎𝑟𝑘 𝑟𝑜𝑜𝑚 𝑤𝑖𝑡ℎ 𝑎 𝑚𝑜𝑠𝑞𝑢𝑖𝑡𝑜" - a Ugandan proverb that perfectly encapsulates the importance of attention to detail in business. At Mangrove, we believe that even the smallest improvements can make a big difference. That's why we're excited to announce that we're revamping our UI/UX and introducing a new subscription! Why? Because we're committed to providing the best possible experience for our users. By focusing on the details, we can differentiate ourselves from the competition and offer unparalleled value. We're here to disrupt resilience! What's changing? 🌱 Enhanced UI/UX: Our digital twin creation tool will now feature a more intuitive and visually appealing interface, making it easier to understand and navigate. 🌱 New Subscription: We're introducing a new subscription that enables users to leverage advanced analytics to uncover hidden patterns, trends, and correlations in your data. This will enable data-driven decision-making and business optimisation. Stay tuned for more updates as we continue to grow and evolve! #Mangrove #Innovation #BusinessGrowth #UIUX #DigitalTwin #intuitive #scalable #resilience #buildbetter #scalefaster #failless

In FY23 alone, US VCs lost a staggering $104.3 billion due to failed investments. Even prominent investors like Eric Schmidt's family office have faced significant losses, such as the $140 million invested in Steel Perlot. To mitigate these risks, investors need a robust framework to assess and improve the resilience of their funds and portfolio companies. Today we are doing a mini case study of Hillspire and Steel Perlot: Excessive operating costs and an inflated perception of portfolio success have been identified as the underlying issues in today's review. Mangrove's framework could have helped identify these risks by evaluating the resource allocation and the operational efficiency of portfolio companies beyond traditional financial metrics. Mangrove's approach: ✅ Pinpoint the core offerings and value drivers of portfolio companies to ensure they are aligned with market needs and investor expectations. ✅ Evaluate the efficiency of resource allocation and identify inefficiencies or overspending. ✅ Assess the portfolio's vulnerability to disruptions, such as economic downturns, technological changes, or competitive pressures. ✅ Rank risks based on their likelihood and potential impact on the portfolio, allowing investors to focus on the most critical areas. ✅ Develop proactive strategies to address identified risks and improve the resilience of portfolio companies. ✅ Monitor and analyse portfolio performance to identify trends and adjust investment strategies accordingly. By implementing Mangrove's framework, investors can: ✅ Reduce investment losses by identifying, tracking and mitigating potential risks before they become costly failures. ✅ Improve portfolio performance by using data-driven investment decisions to optimise resource allocation. ✅ Demonstrate a proactive and responsible approach to investing. ✅ Ensuring transparency is an important factor for investors and portfolio companies. Mangrove uses real-time operational data to aggregate risks making it hard to manipulate outcomes. #venturecapital #investment #risk #mitigation #portfolio #startup #failure #intuitive #scalable #resilience #education #transparency

The startup landscape is changing rapidly. ❌ 1/4 of startups fail within the first year. ❌ By year 5, that number climbs to 50%. ❌ In FY23, US VCs lost a staggering $104.3B from failed investments. ✔ It's time to rewrite this narrative. Kenya, known for its vibrant startup ecosystem, has seen a surge in funding in recent years. However, even with significant capital, many Kenyan startups are facing challenges. A recent study revealed that one-third of startups that raised funds during the post-COVID boom are now struggling or have shut down. Why? Many of these startups focused on rapid growth over operational efficiency and lacked the resilience to weather market shifts. At Mangrove, we believe in empowering investors with the tools they need to make informed decisions. Our platform provides a rapid and cost-effective way to assess the underlying health and resilience of portfolio companies. By identifying potential vulnerabilities and strengths, investors can ensure a stronger ROI. Let's work together to build a more sustainable and successful startup ecosystem. If you want to learn more. Feel free to join in on Mangrove - Formerly Fixity #Whitespace - we want to educate everyone on resilience. We want resilience to be in the tool belt of every entrepreneur and venture capitalist. Why? Building businesses that last should be the new normal everywhere: ➡ 𝗘𝗱𝘂𝗰𝗮𝘁𝗶𝗼𝗻: Providing access to reliable and practical resources for building businesses. ➡ 𝗖𝗼𝗺𝗺𝘂𝗻𝗶𝘁𝘆: Fostering collaboration and knowledge sharing among entrepreneurs and investors. ➡ 𝗦𝘂𝗽𝗽𝗼𝗿𝘁 𝗦𝘆𝘀𝘁𝗲𝗺𝘀: Offering tools and guidance to help startups navigate challenges. #startup #venturecapital #financialhealth #investment #Kenya #startupfunding #businessgrowth #intuitive #scalable #resilience #buildbetter #scalefaster #failless

In the high-stakes world of business, resilience is the ultimate gold medal. 🥇 Just like Olympians leverage cutting-edge materials and technology for peak performance, businesses can harness the power of technology to build stronger, faster, and more resilient businesses. Accenture's Resilience Index reveals a startling truth: only 15% of companies are truly resilient. These are the ones using technology as a catalyst for growth. Research shows that while many companies aspire to be resilient, only a select few have mastered the art. These champions leverage technology to fortify their operations, accelerate growth, and outpace the competition. Want to be part of this elite group? Let's talk about how to make your business an Olympic champion of resilience. 🏋♀️🏋🏼♂️🏋🏿♀️ #intuitive #scalable #resilience #technology #business #growth #buildbetter #scalefaster #failless

We're thrilled with the progress our pilot cohort has made over the past two months! 💪 Working closely with these businesses has been incredibly rewarding. Seeing the positive impact Mangrove is having on their operations is truly inspiring. We're particularly proud of the amazing feedback we've received. Check out what Gervin K., had to say about how Mangrove is transforming their business. 🚀 Are you a startup or investor looking to build resilience and drive growth? Mangrove can help! Mangrove is a resilience platform designed to help businesses build stronger foundations, grow faster, and reduce failure rates. By providing tools to assess and improve operational efficiency, Mangrove empowers businesses to make data-driven decisions and avoid costly mistakes. Mangrove provides investors with a powerful tool to assess the underlying health and resilience of their portfolio companies. By offering a rapid and cost-effective way to identify potential vulnerabilities and strengths to ensure ROI. #buildbetter #scalefaster #failless #startup #investor #businessgrowth #resilience #innovation 👉 https://lnkd.in/g52ZTEsW

The rise of fintech has brought about significant changes in how people access and manage money. This rapid growth is benefiting various groups, including female entrepreneurs, small businesses, and those living in remote areas. 💡 Female entrepreneurs are finding it easier to start and grow their businesses thanks to fintech. Digital platforms provide access to capital, financial management tools, and networking opportunities, creating a more level playing field. 💡 Fintech companies use new data sources to assess creditworthiness, making it easier for SMEs to obtain financing. This helps them expand and contribute to economic growth. 💡 For people in remote communities with limited access to traditional banks, fintech offers essential financial services. Mobile banking and digital payments allow them to send money, pay bills, and save, improving their financial well-being. Fintech is not merely transforming the financial services sector but also acting as a catalyst for broader economic empowerment and social progress. By empowering these groups with greater financial control and access, fintech is significantly enhancing their resilience. https://lnkd.in/dS24WkiP #resilience #resiliencebuilding #fintech #financialservices