Why Startups Fail: Reason #3 – Not the Right Team

Why Startups Fail: Reason #3 – Not the Right Team

The Problem To succeed, a startup needs a killer game plan and the right execution. Firstly, an ambitious yet achievable vision needs to be drafted, followed by deriving the strategy to achieve it. Finally, it’s time to implement it and reap the rewards. All of these...
Why Startups Fail: Reason #8 – Poor Marketing

Why Startups Fail: Reason #8 – Poor Marketing

The ProblemMarketing is one of the most critical areas that a startup needs to focus on. Most people think there’s not much to it, all you need is some money to fund it, and that’s that. But, while thoughtlessly paying for some online ads counts as marketing, many...
Why Startups Fail: Reason #9 – Ignore Customers

Why Startups Fail: Reason #9 – Ignore Customers

The ProblemCustomers are the only source of financial income for any business, so the entire startup universe revolves around them. Every successful business model plans out operations, moves, and strategies to please valuable clients. As long as your consumer base is...