Why startups fail? what are the reasons and how to overcome them?
Episode description
Most of the people who are working on their startups think they're building the next big thing but they are completely wrong. In fact that 90% of them fail within the initial three years makes it look even more dreadful.
but What are the reasons startups fail? what are some major mistakes that lead to failure?Once you're aware of those mistakes, you can pursue success by averting them. Preventing them will allow you to work on the next big thing.
In 2018, 8 Indian startups become unicorns with a valuation of over $1 billion yet a survey by the Institute for Business Value and Oxford Economics reveals that 90per cent of startups fails within the first 5 years.
And there is no shame in that. If building a great business from a startup or building a Unicorn Startup was easy, everyone would be an entrepreneur and billionaire.
but why Startups fail? what are the reasons and how to overcome these mistakes?
I have researched several failed and as well as successful and I found some basic terminologies which ensure success.
I have shared everything in this episode so give it a try.
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