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
Timing > Execution > Idea
The idea is shit and has no value but its execution does. Moreover Timing is much more important.
Take an Example of YouTube; While the internet was booming the idea of starting a video streaming platform ( It was pivoted
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18 replies9 likes
Sanjay Kumar
Hey I am on Medial • 7m
I have left some ideas in this photo
In the next idea, you will get further updates on how to double this. 👍👍👍👍👍👍👍👍👍