Mizanur Rahman

What do you believe are the primary factors contributing to the failure of startups?

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Hussein Hashish
going to market with a solution looking for a problem
Hussein Hashish
@judith_amarachi_ absolutely! and after finding that problem, identify how big of a problem and big of an addressable market solving that problem would entail. then things are going to boil down to how effecting and efficient you are at solving that problem and retaining those adopters to a point where they being your biggest advocates.
Spending too many resources on creating something before validating and making sure that there is enough demand for it.
Mizanur Rahman
@gabriele_mazzola Thank you so much
hayato onodera
It's difficult... Personally, I think it's a matter of narrowing our perspective and not seeing issues for what they are.
Mizanur Rahman
@hayato_onodera Thank you so much
Viktor Brešan
A shortage of funds can be a real challenge. Ultimately, your startup can face a tough road when the bank account runs dry. It's essential to manage your finances wisely to keep the momentum going.
Viktor Brešan
@startupsharma What made you think I am talking about *my* problem?
Mizanur Rahman
@viktorbresan Thank you so much
Uma Venugopal
so many: cofounder chemistry investors micromanaging lacking vision and company culture wron first hires ...the list goes on.
Mizanur Rahman
@uma_venugopal Thank you so much
John Griffith
A major reason being not being able to figure out if there is a market for that product. The other factor being not having the right team.
Mizanur Rahman
@johngriffith Thank you so much
Ujjwal Singh Baghel
In my experience, one primary factor contributing to the failure of startups is a lack of market research. Many startups fail because they don't fully understand their target audience or haven't identified a genuine need for their product or service. Additionally, a lack of effective marketing strategies and inadequate financial planning can also contribute to the downfall of startups.
Mizanur Rahman
@ujjwalsb Thank you so much.
Yavuz Tunc Emran
it often stems from a lack of market understanding and ineffective teams.
Mizanur Rahman
@tunc_emran Thank you so much
Dzmitry Tsemirau
According to statistics, marketing is often at the root of startup failures.
Eliza Crescini
Startup failure is often caused by a combination of factors, including poor product-market fit, poor execution, team problems, financial problems, and external factors.
Mizanur Rahman
@eliza_crescini Thank you so much
Eliza Crescini
@mizanur_rahman14 not a problem at all!
Eliza Crescini
@mizanur_rahman14 my pleasure to share my thoughts
Radomir Djokovic
Lack of market fit and insufficient funding
Mizanur Rahman
@radomir_djokovic Thank you so much.