DECEMBER 20248s of 2024, the government of India has recognized more than 1,27,000 startups. Overall, these startups spans over a huge range of booming sectors and are achieving enormous success, making India a global giant not only as a most populous country in the world, but also as a nation with extensive startup ecosystem.Amid this positive side, there is a nightmare scenario happening in the same ground. Yes, according to Counsel India, studies shows that there are only 20 percent of startups sustaining for more than 5 years and only 8 percent of startups succeed by staying beyond 10 years. This failure rate of startups was a result of many factors, especially lack of awareness on market demand, poor business planning and insufficient mentorship.In India, starting a new business seems to be excited yet puzzling, particularly for first time entrepreneurs. Since the ecosystem is thriving, but there is a lot hurdles that demands precise skills to sustain successfully. Hence if you are planning to start any kind of business or startup, developing & acquiring the right set of skills is vital to build a prosperous business. So here is a complete guide to must-have ALEARN, UNLEARN, & RELEARN 'SUCCESS-ORIENTED SKILLS' TO RULE THE BUSINESS MARKETBy Jaipriya K S, Content Writer, siliconindia
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