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Cracking The Code: Why Startups Fail
Lack of Product Market Fit Indian Startups had a stellar year in 2021, setting several new records -the number of startups acquiring unicorn status, the number of new startups launched, and the record funding received by startups.
Now more than ever, Indian startup founders are aspiring the unicorn status, that is a $1 billion valuation.
All the good news could make one forget the struggle to launch a successful startup. It is no surprise that 90% of all startups fail within five years of being founded.
Why startups fail?
What should the founders do to mitigate failure?
Let us look at five factors that spell doom for startups and how the founders can address the situation fitfully.
1. Failing to raise new capital
2. Lack of Product Market Fit
3. Competitive Landscape
4. Pricing/Cost Challenges
5. Product Launch Timing
Visit Our Blog to Discover the common reasons in detail why startups fail & how to avoid them. Gain insights from industry experts to help your startup succeed.
Ethique advisory has a team of highly experienced and skilled Coaches who create customized coaching programs tailored to fit our customers.
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