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Hey I am on Medial • 1y

Hello Guys, What is the main cause of startup failure? What do you think guys,let's Discuss?🤔

Funding

Proper Talent or Team

Vision

Any other

Votes: 111

Anonymous 3
•

upGrad • 1y

It's operational efficiency in most of the cases. When you get funds you hire people at random package, hire big 4 and tier 1 law firm for tiniest of things and spend like crazy. This is main cause of failure. If startups try to become little frugal

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Hey I am on Medial • 1y

Hire right and execute properly.

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Most of the startups fail because they dont know how to adapt, and how to execute! It's all about doing the right thing at the right time in the right niche - how hard is that?

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A small doubt Medial doesn’t help you to hire a staff member ,is right it true ?

yes it is true

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