Twelve Reasons why startups fail and how to avoid all of them
Startups fail for many reasons. Post-mortem of hundreds of failed startups show that the most frequent cause for the failure is: "Run of Cash or Failed to Raise New Capital", but money is not the only reason. Although the lack of cash is a startup k…
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Twelve Reasons why startups fail and how to avoid all of them
Startups fail for many reasons. Post-mortem of hundreds of failed startups show that the most frequent cause for the failure is: "Run of Cash or Failed to Raise New Capital", but money is not the only reason. Although the lack of cash is a startup killer, this situation may ultimately be the symptom of a deeper root cause which ultimately led the investors to “run away”, including the lack of clarity about the purpose of the company. In addition, the reasons why a startup fails can be Internal or External. The reports show a total of 12 specific causes which can be blamed for killing a small new venture. This class will cover all 12 causes of failure and will provide clear guidelines to prevent every one of them effectively and efficiently.