Wednesday 19 September 2012

Why do most startups fail?

There are four main reasons why start-ups fail:

1. Cofounders fight- A quarter of start-ups fail because cofounders have trouble coming to a agreement.

2. They can't build their inital speculation- The initial vision is just to far ahead to achieve in a small time.

3. No one will fund the idea- The business does not have the funding need to carry out it's plan.

4. Nobody buys your product- Mabye your company does not meet the customer's need and it does not make enough money.

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