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mamsai · 2 years ago
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Reasons of Startup Fails
Startups can fail for a variety of reasons, including inadequate market research, insufficient funding, lack of a clear value proposition, fierce competition, ineffective leadership, poor marketing strategies, and failure to adapt to changing market dynamics. Additionally, issues like product-market fit, mismanagement of resources, and ignoring customer feedback can also contribute to startup failures. It's crucial for entrepreneurs to address these challenges proactively and build a resilient business model to increase their chances of success.
src: Business News in Tamil
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