What is the most reason for Failed Startup?
Learn from your mistakes. Better yet, learn from the mistakes of others. It is a recurring argument at the start, but it is easier said than done. We cannot easily accept our mistakes to learn from them. It is not easy for us to discuss it for the benefit of others.
This is particularly true in societies such as India, where failure is unlike the badge of honor. But in more mature startup ecosystems, such as Silicon Valley. Last year, Falcon, a San Francisco-based conference dedicated to sharing the disappointment experience, received a warm welcome in India.
Believers make all the difference. If the bankruptcy founder is considered stronger and has better information. He is happy to discuss it. But if failed Startup is considered a sign of weakness, it shows refusal.
Planning is a concept for startup whether it is for Business management or budget (for Office Rent, Website, Digital Marketing, and employees salary, etc). But most of the startup makes the best goal for their business but they don’t make any plan for it. As well they don’t aware of the budget what can take place in the time of execution of their goal. This is the main reasons for a Failed Startup.
2015 is a very important year for India. With more than the US $ 8 billion in venture capital funds estimated before this year – 50% higher than last year. The number of people investing in Eldorado’s initial technology has sparked cheat fun. As well as half-fuel business models and a large number of V-backs. That have been distracting to the facts of the earth.
Nassim Nicholas Taleb, tricked by Random, explains how decision-makers have been misled. Because of disappointment as a secret. This is getting worse by the beginning founders who are surrounded by “yes”. Also, who cannot respond honestly to fear as a negative influence. Media contributes to this great truth by continuing to celebrate the victory.
But, there is more learning than failure than success. Yet, be careful not to be “deceived by chance”. Because Taleb is cautious, there are many factors, even fate. That we do rarely consider when we relate the reasons for success or failure.