Hey I am on MedialĀ ā¢Ā 2m
These numbers don't add up. If 10% fail in year one and 90% fail within three years, what happens in years 2-3? Also, 'scaling too fast' being 70% seems way too high. Source on these stats or they're just motivational fear-mongering.
Startup EnergyĀ ā¢Ā 2m
Builders and leaders, listen up: ⢠90% of startups fail within the first 3 years ⢠10% of startups fail within the first year alone ⢠70% of startups fail after scaling too fast (Interesting?) It wonāt be a smooth ride, but worth riding, wisely.
CHAIRMAN - BITEX IND...Ā ā¢Ā 1y
Total number of entrepreneur worldwie is 582 million and in India is around 105 million Approximately 30% of new small businesses fail by the end of year two, while half will fail before year five. That means roughly 70% of startups fail within thei
See MoreHey I am on MedialĀ ā¢Ā 9d
Common fears startup founders go through: Fear of failure ā pouring years of effort and savings only to see it collapse. Fear of running out of money ā not being able to raise funds or generate revenue in time. Fear of rejection ā investors, custo
See MoreEarly Retiree | Fina...Ā ā¢Ā 1y
Placement stats for IIT Gandhinagar Two things that surprised me. I - Percentage of folks placed are too low. Even Comp Science is below 70%. In lower departments like Civil / Materials, 2 out of 3 are not placed. 2 - Median salary for electric
See MoreHey I am on MedialĀ ā¢Ā 7m
š Business in Numbers: 10 Stats Every Entrepreneur Should Know 1ļøā£ 90% of startups fail within 5 years. (Failory, 2023) 2ļøā£ 42% fail due to no market need. (CB Insights, 2023) 3ļøā£ 78% of consumers buy from brands they trust. (Edelman Trust Baromete
See MoreBuilding Stoxii | Fi...Ā ā¢Ā 22d
Startups donāt fail because of lack of ideas. They fail because founders quit too early.ā ⢠āFunding is fuel. Product-market fit is oxygen. Without oxygen, fuel burns out fast.ā ⢠āA founderās real job: hiring great people, saying no to distraction
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