Today we are going to tell you why most startups fail.Before moving forward in this post, we are going to tell you some truth that you may have already known but there will be many such people who will not know anything about it.When 100 startups begin, 90% of them startup are closed in the first month or say failure.
After that, 5% of the 10% start-ups remaining within the next 6 months are closed after the starter fails.Finally, 1 year is completed, 3% startup and closure, and in the end only 2 out of 100 start-ups can be successful.
After all, what is the reason behind this?
1- their enterpreneurs live in a vacuum
2- dont have team coordination
3-they run out of cash
4- big gap in strategy
5- does'nt have unique idea
6- bad advice from wrong people
If an internal is going to start its own startup and keep things in mind, then it can never fail.