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Suryakiran Dharmarao Kalla

StealthĀ ā€¢Ā 1d

Why Startups Fail: Ignoring SWOT Analysis Many new-age entrepreneurs launch startups with passion but overlook strategic planning, leading to failure. One of the most ignored yet crucial tools is SWOT Analysisā€”a framework assessing Strengths, Weaknesses, Opportunities, and Threats. ā€¢ Strengths ā€“ What gives your business an edge? ā€¢ Weaknesses ā€“ Where do you lack resources or expertise? ā€¢ Opportunities ā€“ What market trends can you leverage? ā€¢ Threats ā€“ What external risks could impact your business? Without SWOT analysis, startups often: 1. Overestimate Strengths ā€“ Ignoring strong competitors. 2. Neglect Weaknesses ā€“ Overlooking financial and operational gaps. 3. Miss Opportunities ā€“ Failing to adapt to trends. 4. Underestimate Threats ā€“ Being unprepared for market changes. To succeed, startups must analyze, plan, and adapt. Passion alone isnā€™t enoughā€”understanding the business landscape is key to long-term success. Regards, Suryakiran D Kalla SKAD GROUP

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