The top 10 reasons why start-ups often fail according to research
1 year ago
2
It's sometimes difficult to take the step to start a business. 90% of all start-ups fail within 5 years and 10% fail the first year. By learning from the top 10 reasons why many start-ups go broke, you can avoid going bankrupt before you realize your dreams.
For more information:
www.calltheone.com/ben
www.mindd.eu
www.linkedin.com/in/bensteenstra/
Content of this video:
00:00 : intro
00:42 : 1. Market need
01:20 : 2. Running out of cash
02:00 : 3. Can not find or maintain the right team
02:38 : 4. Getting out-competed
03:02 : 5. Cost or margin problems
03:50 : 6. A poor product
04:17 : 7. A poor business model
04:51 : 8. Ignoring the customer
05:17 : 9. A mis-timed product launch
05:45: 10. Losing focus on their business
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