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Anomaly

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What are the errors usually startups make for their downfall?

Ananya Agarwal

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I think, startups usually have this mindset, that first we'll run in loss then eventually we'll be a profitable company taking inspirations from big complaines like Zoho, but what they dont realize is that, they had proper strategies , resources and fund to cover up. Meanwhile small startup owners even risk their personal assets and bear loss which is definitely not good. You can only run in loss when you have various other revenue stream and a really good plan and most startups don't realise it and get in a debt trap then say, business is not our cup of tea.

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