BANGALORE: With the world demanding new changes in every field these days, the startup companies make the most of it by working on the right products the enterprise markets exactly need. So, to get on the success track here are some tips you can look into as compiled by the MensXp.

# Balanced Teams Work Best

This is one key factor for a successful startup; the good organized team would help manage things better. Teams with one technical and a business founder helps raise money of about 30 percent resulting in 2.9 times more user growth. This results in 19 percent less chances for the premature scaling compared to a large technical or business teams.

# Stay clear of the premature scaling

The premature scaling is one of the most common reasons for a startup to fail. A startup company spends too much on its machinery or hires too many employees without being able to predict future or keeping a track of their finances. According to a report on the Reuters, out of the 70 percent companies they had studied showed some forms of premature scaling and estimated that 74 percent of the booming internet startups fail due to this. The premature scaling is the most prevalent forms of a startup’s setback where they tend to lose the achievements much before they could reach a good level in the market.

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