Why Do Startups Fail? ๐๐ this is what statistic says(globally)
Building a startup is tough, and here are the top reasons why they donโt make it:
1๏ธโฃ Ran out of cash / failed to raise funds โ 38%
2๏ธโฃ No market need โ 35%
3๏ธโฃ Got outcompeted โ 20
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Aashiesh K
I am Entrepreneur an...ย โขย 1m
But Startups failed reasons we got it, but how to overcome on it Or Solutions?
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Top 20 Reasons Why Startups Fail: Insights from 101 Startup Post-Mortems. ๐
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Most prominent reason why startups with great ideas fail? Given below or other reasons like scaling up too quickly or bad timing.
how a start-up can get funds, I have a idea but it isn't not a product, it's more like service so we can't make mvp. so on just based on idea or vision how we can get funding