Back
Mridul Das
Introvert! • 6d
Why Do Startups Fail? 💔📉 this is what statistic says(globally) Building a startup is tough, and here are the top reasons why they don’t make it: 1️⃣ Ran out of cash / failed to raise funds – 38% 2️⃣ No market need – 35% 3️⃣ Got outcompeted – 20% 4️⃣ Flawed business model – 19% 5️⃣ Regulatory/legal challenges – 18% ⚖️ 6️⃣ Pricing/cost issues – 15% 7️⃣ Not the right team – 14% 8️⃣ Product mistimed – 10% 9️⃣ Poor product – 8% 🔟 Disharmony among team/investors – 7% 1️⃣1️⃣ Pivot gone bad – 6% 🔄 1️⃣2️⃣ Burned out / lacked passion – 5% Startups are risky, but learning from failures can lead to success! 🚀
Replies (11)
More like this
Recommendations from Medial
Download the medial app to read full posts, comements and news.