One of the reason why the startup fail is lack of market demand and it is a huge reason most of the startups fail. I see that many entrepreneurs create solutions looking for problems, which is supposed to be the other way around.
Why do you think startups fail?
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- #3
I think that running out of cash is a major reason why most of the startups fail. It is very difficult to manage finances and finding a sustainable revenue streams which is very crucial to success.
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- #5
One thing that they failed to realise is that poor marketing and branding can doom a startup even from the start of the business. There is need to stand out in a crowded market and you should resonate with your target audience as well.
I found out that Bad timing can be a big problem for startups and it will contribute to their failure. For instance, entering a saturated market or launching your business during an economic downturn can make it a lot difficult to gain traction.
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- #7
Burnout could be a real issue and it is very sure that entrepreneurs need to prioritize self-care and they should also seek support to avoid exhaustion as well.
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- #9
You need to be so focus and you must try not to do too much on the account that it can lead to failure. Additionally, the startups need to prioritize and concentrate on their target audience.
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- #11
You should set up a realistic expectations and you shouldn't involved in an overly optimistic projections , as it can set the startups up for failure.
Startups can really fail because of lack of a solid plan that could have powered the business.
