A lot of people fail in startups and many of because of the founder and Co-founder take wrong decisions but there are several other points too and mostly it happens because of Founders fail and few of the reasons are listed herein below so lets start the same:-
- Lack of Online and Offline strategy for poaching new clients and who knows how long old will be your gold only.
- Startup founder is afraid of failing and in the process do not try anything new and eventually Startup fails.
- Learn First and Earn later but few founder’s replace first one with last one so before going all berserk learn fast and apply fast and then think of earning.
- Mentor is needed and a mentor help you develop the skills which you do not have it earlier.
- Do not stop and try to adept out of failure to success.
- A bunch of reasons which makes a Founder fail individually and then ruin the entire startup is below
Lack of focus
Lack of Motivation
Having much pride on given efforts and not working properly
Lack of Perfect acumen
Raising too much money
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