They say that 9 out of 10 startups fail, and if you’re a startup owner I’m sure you know how hard it is to survive in this competitive and demanding industry. You probably also know well that sometimes, it takes more than being talented and passionate in order to make it big.
But what can you DO in order to be in that 10%?
Presitely analyzed this research by venture capital database CBInsights.com to prepare this detailed yet simple infographic, presenting the top 20 reasons startups fail.
Inside, you can find some facts you might have known, but also some interesting insights that may surprise you. They are ranked from the most common to the least common, and cover a wide range of reasons from misunderstanding the target audience to a pivot gone bad.
