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SHIV DIXIT

CHAIRMAN - BITEX IND... • 1y

Why 95% Startup Fails ? What's The Most Common Mistakes ? 1=} LACK OF MARKET RESEARCH — Start-Ups is assuming that there is a demand, for their product or service without conducting market research. This can lead to investing resources in cluttered Market. 2=} INSUFFICIENT PLANNING — Most of the startup don't have any business strategy or excustion plan etc . 3=} IGNORING THE COMPETITION — Ignoring potential competition and their weakness or strength lead massive failure. 4=} OVEREXPANSION — startup sometimes grow quickly by expanding their operations or product lines before establishing a customer base. This can strain resources leading to instability . 5=} UNDERESTIMATING COSTS — most of the startup ignoring small costs and charges or many things. 6=} NEGLECTING MARKETING AND SALES 7=} FAILING TO ADAPT 8=} OVERRELIANCE ON FUNDING 9 =} NEGLECTING LEGAL AND REGULATORY COMPLIANCE 10=} POOR TEAM DYNAMICS 11=} BAD LEADERSHIP 12=} BAD CASH MANAGEMENT

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