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Top 10 reasons why start-ups fail
By Kukil Bora, SiliconIndia
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7 Comments
5. Failure to manage operating cost efficiently
Many failed start-ups have cited that the question of how to spend money was a frequent challenge and reason for their failure. It's a really tough act to decide whether to spend significantly upfront to get the product the off the group or to develop gradually over time. If a proper decision is not taken, it's possible that the start-up will run out of cash to keep going.
6. Going after too small market
You may have the best products and services. But, will it make any huge difference if the market is too small or non-existent? Of course not. You should develop product after having researched the market and determining the existing opportunities. Developing a technology looking for a problem can make a start-up hankering after a small market, which is not helpful for it at any cost.
