myNEXT Startup Edge

myNEXT LLC

The podcast that gives your startup the edge. This is the podcast where we empower startups, innovators, and forward-thinkers like you with actionable insights to raise funding, develop products, commercialize your innovation, and build your company. Brought to you by Dirk Lammerts, CEO and Founder myNEXT, VC investor, startup founder, and Innovation Revenue Generator.

  1. The Silent Startup Killer: Avoiding the COI Trap

    MAR 3

    The Silent Startup Killer: Avoiding the COI Trap

    Today, I want to talk about something that most startup founders rarely consider, but it’s one of the biggest reasons why startups fail. Everyone talks about ROI - Return on Investment - as the key metric for making decisions. It’s what your CFO look for. It’s what founders obsess over. But very few talk about COI - the Cost of Inaction - which, in my experience, is just as important, if not more so. What exactly is COI? Think of it as an invisible tax that you pay every time you hesitate or delay a key decision. Every time you push back a launch, wait on an important hire, or take too long to pivot, you are losing ground. You are paying a price, even if it’s not immediately visible on your balance sheet. Startups don’t have the luxury of time. Passage of time is your worst enemy. Every day that goes by without meaningful action costs you - not just in potential revenue, but in market position, investor confidence, customer trust, and overall momentum. If you hesitate, if you wait too long to launch, adjust, or raise money, the world moves on without you. Every hesitation, every delay, every moment of inaction costs you something. And in the worst-case scenario, it will cost you your startup! In today’s episode, we dive deep into what COI actually is, why COI is more important than ROI, how it affects your startup, and how it can push your company into an irreversible downward spiral. And most importantly, I’ll give you actionable steps to avoid falling into this trap.

    13 min

About

The podcast that gives your startup the edge. This is the podcast where we empower startups, innovators, and forward-thinkers like you with actionable insights to raise funding, develop products, commercialize your innovation, and build your company. Brought to you by Dirk Lammerts, CEO and Founder myNEXT, VC investor, startup founder, and Innovation Revenue Generator.