There are three reasons why startups fail. In this video we have discussed those points so that you can avoid falling into those traps in your startup and business. It is usually these three reasons.
Not picking a compelling Idea
Idea has not market fit
Not being attached to the idea
The problem is not compelling enough
Not forming a good team (AKA SOLUTION)
Founders outlook
Not having diverse skillset
Right team size and skillset
Not building things quick enough
Spending money and exhausting reserve fund
Spending resource quickly
Seeking funding without market fit
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Hi there, I'm Anand Sathyanarayanan. I'm a Software Engineer and currently live in Bay Area, California, USA. I'm super passionate about design, technology & media and want to startup on my own some day and float my ticker symbol on NYSE 🙂. This channel is to publish my insight on design, technology, media, my opinion on startups, approach to investing. Reach out to me if you want to discuss any of these.
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