Failure and Success of Startups

70% of startups fail at the end of the 10th year [1], and 29% run out of cash [2]. Many startups have a great business idea but don’t know how to make it economically viable. Complexity often leads to haphazardness, one of the main reasons startups fail. In part one, we take a deeper look …

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The Biggest Mistake of Startups

Research by Startup Genome [1] analyzed 3,200 startups and revealed that 70% failed because of premature scaling. Read on to learn more on this vital topic. Why startups scale prematurely Startups are often lauded for their ability to scale quickly and efficiently. But in many cases, this scaling happens too soon – before the startup …

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