Top 20 Reasons Why Startups Fail [infographic]
While failure is not fatal, there’s definitely no harm in stacking the odds in your favor in the first place. With some proper insight and critical thinking, the chance of a venture’s success can be increased by mitigating some of the most common startup risks.
That’s why it is not enough to know how many startups fail – we must know why startups fail.
CB Insights, a venture capital database, did their homework based on 101 startup postmortems to pin down causes on why startups failed. Here’s the results in infographic form.
From visual.ly; infographic by suretybonds.org
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