Startup Funding Espresso – Startups Fail for Many Reasons
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Startups Fail for Many Reasons
Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing.
Startups fail for many reasons.
Here's a list of the more common ones:
Ran out of cash. This is the most common reason of all.
Could not raise additional funding.
Lost too much business to the competition.
Did not generate enough revenue to make the business model work.
Had a too-high cost basis for running the business.
Didn't hire the right people.
Missed the market opportunity.
The founders could not get along with each other.
Lost interest in the business.
Review this list for your startup.
Consider how to mitigate these risks in your business plan.
Thank you for joining us for the Startup Funding Espresso where we help startups and investors connect for funding.
Let's go startup something today.
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