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5 Things that Kill Startups
By siliconindia
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9 Comments
To start a company of your own, is a dream of most of the young professionals these days. And many among them go ahead and start the business of their dreams. But, due to several controllable and uncontrollable factors many of these startups fall apart as time passes. There is nothing an entrepreneur can do about an uncontrollable factor, but the controllable ones, if taken care of and manage properly, can actually increase the probability of success. Let us go through some of these controllable factors.
Dysfunctional Founding Team
For every startup, the heart is its founding team. It, without exception, depends on the founding team how well the startup performs. The team has to work together like a whole entity in order to guide the startup through the initial hard phase. In this stage if the founders are not very cohesive then it will spill disaster. This will be the root cause for all the other problems that bubble up in the startup and will destroy your company inside out. So, it is imperative to make sure that you all, as founders, will be able to work together without any major friction.
