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Top 10 reasons why start-ups fail
By Kukil Bora, SiliconIndia
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7 Comments
7. Disharmony between founders
Generally, a start-up is a high-stress environment. Hence, disagreements among the owners about its directions or even division of profits can result into a crack within the tam. And if a key executive leaves in such a situation, it can bring a doomsday for a fledgling organization.
8. Lack of vision
Lack of proper vision or focus is another vital reason for failure. Get one thing out on the market and focus on the product is very important. Otherwise you risk ending up with too many almost finished products that are not valuable to customers or you.
