Top Reasons Why Most Of The Startups Fails

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Reasons Why Most Startups Fail And What You Can Do To Make Sure Yours Doesn’t

There are many reasons why startups fail. One of the most common reasons is that the startup doesn’t know the product/service market need or founders don’t have a clear purpose or mission. Without a clear focus, it’s easy to get sidetracked and lose sight of what’s important. Additionally, many startups don’t have cash or a solid business model. They may not have enough revenue to sustain their business, or they may be spending too much money on marketing and advertising. Finally, another reason why startups may fail is because they’re not able to scale their business quickly enough. If they can’t keep up with the demand, they’ll likely fall behind and eventually go out of business. Checkout below list of top reasons as per statista research of 2022 on 101 startups.

 

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