Top 10 Reasons Startups Fail (Infographic)
An incredibly common problem that causes startups to fail is a weak management team. They are often weak on strategy, building a product that no-one wants to buy as they failed to do enough work to validate the ideas before and during development.
It is known that half of all new businesses in the U.S. fail within the first five years? Venture capital and angel investment database CB Insights recently studied 101 startup post-mortems to discover the most common reasons new businesses fail, straight from the founders themselves.
Here are top 10 fatal startup mistakes in our infographic:
Infographic brought to you by Wrike seo project management software