Top 5 reasons for Entrepreneurial Failure
By siliconindia   |    1 Comments
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Competing with industry leaders
While you plan to compete with the industry leaders head-to-head, then bootstrapping the business will lead to failure. Large business have ocean of resources to defer the competition from entering into the market by undercutting the prices, spending more on advertising and many more. If one has a world-class team and a large amount of money to spend on and even bear losses for a particular period, should enter into face-to-face competition with the leaders.

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