Many startups are belonged to unicorn hub this year. Still startups failing rate is higher and many losing business due to many reasons. We have mentioned here top 20 reasons which are causing their failure.
Great ideas that didn't make it. And terrible ones. Techies love the word revolution. Whilst in the real world tends it usually means slaughter, pillage and eventual autocracy, in Silicon Valley it sounds more like fame, glory and piles of cash. Yet just like real revolutions, there is a tendency for things to go wrong, often with disastrous consequences.
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Hey! What's the ratio of the online business successes and failures for this year? Any idea?
As per the varied sources, almost every year, thousands of start-ups are initiated but only 10% sustain. Every 9 out 10 businesses drop within 120 days of their establishment. Reason being…umm! There can be many.
But,
If the reason involved improper pre-planning or irresponsive behavior then that is a whole different issue. But, what if when you have a perfect plan, perfect strategy, and everything all good before you actually start. Then, what are the reasons that you are facing a downfall in the market instead of growth? Did you miss something very important?
Well! If you are considerate that your start couldn't be better than what you planned and did. In that case, did you checked on for the after measures of your progress?… your SEO Analytics?
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