Why Startups Fail: Reason #13 – Pivot Gone Bad

Why Startups Fail: Reason #13 – Pivot Gone Bad

The Problem Achieving and maintaining success with a startup in the long run is challenging, which is why it’s rare to see them last for longer than 5 years. Statistically, 90% of them won’t live to see their sixth year, which means there need to be survival...
Why Startups Fail: Reason #14 – Lack of Passion

Why Startups Fail: Reason #14 – Lack of Passion

The Problem While businessmen enjoy freedom in their offices, without the pain of being bossed around, it doesn’t start that way. In the beginning of any startup, there’s a plethora of problems and challenges that an entrepreneur faces, which can only be solved by his...
Why Startups Fail: Reason #11 – Losing Focus

Why Startups Fail: Reason #11 – Losing Focus

The ProblemEntrepreneurship isn’t only the name of being able to produce and sell products. It requires an unshakable vision, strategic planning, and most importantly, laser sharp focus. The ‘focus’ element has to do with the execution of all the crucial processes in...