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Suryakiran Dharmarao Kalla
Founder & Sales Dire...Ā ā¢Ā 5m
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 Analysisāa 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 isnāt enoughāunderstanding the business landscape is key to long-term success. Regards, Suryakiran D Kalla SKAD GROUP
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