8 Reasons Why Startups Fail
Not Hiring the Best
Budget constraint often forces the business to hire a beginner, who is not a master in their respective domain.
Lack of Focus
Instead of selling varied services, focusing on prime service would be fruitful.
No Customer Service
No team/person to address customer's query, this makes the startup non customer friendly.
No Planned Strategy
Startups often fail when they do not have a business model to adhere.
No Urgency of Product
Creating an urgency of the product is the formula to make your startup succeed.
Lack of Funds
Capital and funds are not something that startups get too easily this is one of the challenges they need to overcome.
Average Marketing Campaign
Not focusing on USPs & CTAS; not creating a product at the right time.
Lack Team Spirit
Startups need a team that has experts from every domain, and with a sense of team spirit.
