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Five Most Common Reasons Why Startups Fail?

Five Most Common Reasons Why Startups Fail?

Is It Idea, Money, Right Team Or Anything Else?

Why do Startups fail? Search Google and you will find a million reasons for startup failure! I mean how can we forget that startup entrepreneurs are human beings, trying to start their venture to make an impact. These crazy people have the never die spirit and are always ready to give in all what they have.

From Idea to the team to execution, to finding customers and sales, to finance and growth. They wear different hats – all aiming at startup success. Though there are a lot of startup stories that are really interesting and inspiring, we also have stories of countless startups that have gone down in no time.

Check out these five most common reasons why startups fail.


[This post by first appeared on ThugStart and has been reproduced with permission.]

Author

Abhishek Shah

Community

Abhishek Shah is an Internet Entrepreneur, Senior Advisor and CXO - level Business, Operations and Sales focussed executive. He has held founding, investments and senior leadership roles at various digitally focussed startups (such as DigiLands, PivotRoots, FlyZoo, Rate-it, RingSocial, ShopDelight etc.) and large organizations (such as Edelweiss, HSBC, ABN Amro & ICICI Bank) with cross-functional experience in Private Wealth, Commercial Banking & Retail Banking across both Assets & Liabilities. He is also the co-founder of ThugStart.com, a website dedicated to inspiring entrepreneurship and startups. Abhishek also serves as a speaker/mentor & advisor to various startups entrepreneurs/organisations.

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