Ultimate List of Reasons Why Startups Fail [Infographic]
In Business Phenomenon Startup are business Ideas which are unique, scalable, product or service which should also have Customers, Need, Competition, Timing, Finance & Team.
The power of such a framework is that it gives Ideas a jump start to lead the race. Now the caveat emptor is that majority of the companies that start fail to sustain and very few are even successful.
Keeping this in mind the infographic explains the reason behind the failure of the startup.
Some Thoughts on Startup
“Diligence is the mother of good luck.”
“Your work is going to fill a large part of your life, and the only way to be truly satisfied is to do what you believe is great work. And the only way to do great work is to love what you do.”
–Steve Jobs, co-founder, chairman and CEO of Apple
“Whether you think you can, or think you can’t–you’re right.”
–Henry Ford, founder of Ford Motor Company
Infographic brought to you by Wrike Project Management Software
You might be interested to Find Out What Kind of Coffee Drinker are You? Take This Quiz.
If you enjoyed this post, I’d be very grateful if you’d help it spread by emailing it to a friend or sharing it on Twitter or Facebook. Thank you!
Did you find something interesting or similar stories? Do share with us or email us at firstname.lastname@example.org.
Let us know in the comments.