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. Ā 

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:

Top 10 Reasons Startups Fail

Infographic brought to you by Wrike seo project management software