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Why Startups Fail and How You Can Avoid Your Startup Failure

Why startups fail and what you can do to avoid your startup failure? Learn what mistakes founders do and how you can avoid these mistakes to save your startup

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Why Startups Fail and How You Can Avoid Your Startup Failure

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  1. Why Startups Fail and How You Can Avoid Your Startup Failure https://www.cloudways.com/blog/reasons-why-startups-fail/

  2. 30% of the startups fail during the first year of their operation, 50% collapse within the first five years, and 67% companies roll out of action within ten years. 90% of the startups Fail to make their Business the next Big Thing. Why do startups fail? What are the odds for your business to fall under the remaining 10%? What can you do to make sure your business doesn’t crumble like the majority of startups? You can find out the answer to these questions in this article. https://www.cloudways.com/blog/reasons-why-startups-fail/

  3. Why Startups Fail [Error]: Error 1: Doing it All AloneError 2: Complicated Business PlanError 3: Using the Investment Too SoonError 4: Waiting Too Long Before Releasing the ProductError 5: Ignoring the User Feedback After the Launch Error 6: Hiring the Wrong Employee Error 7: Lack of Direction & FocusError 8: Premature ScalingError 9: Not Having a Customer-Centric Approach Resource Link: https://www.cloudways.com/blog/reasons-why-startups-fail/

  4. What happens when startups fail? No, founders don't repay investors if a startup fails. The investor takes the risk, owns a share in the company, and loses the money if the startup fails and that share loses value. If the founders owe the money, that would have been debt, not investment. ... The key is the difference between investment and debt. Why do startups fail in India? And the most common reason for failure is lack of innovation — 77% of venture capitalists surveyed believe that Indian startups lack new technologies or unique business models. ... “Since 2015, as many as 1,503 startups have closed down in India. What percentage of startups fail in the first year? It's often said that more than half of new businesses fail during the first year. According to the Small Business Association (SBA), this isn't necessarily true. The SBA states that only 30% of new businesses fail during the first two years of being open, 50% during the first five years and 66% during the first 10. Resource : Google Answer Box

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