Do you want to have great success with your startup? Of course, who doesn’t. Well, this infographic will help you learn what NOT to do by covering the most common reasons why startups fail.
The folks at Startup Compass compiled data from more than 3,000 companies as part of their Startup Genome project to find out why startups fail (and how you can make sure that yours doesn’t).
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There's one thing, no one would mention. Some startups even fail, because some advertising and marketing guys, start interfering in the technology part, which they don't know anything about and then without even asking, give out commitments to clients and come back with unacceptable deadlines, expecting miracles.
The problem is, the investors management consists of non practical and non technical people.