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Why Do Startups Fail?
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- AbnAsia.org
- @steven_n_t
It’s a striking fact: 90% of startups fail.
Why Do Startups Fail?
It’s a striking fact: 90% of startups fail. But here’s the surprising part—only 8% of these failures are due to a poor product.
The biggest reasons? Running out of cash, lack of market need, and getting outcompeted. Too many startups build products in isolation, without testing market demand early.
A strong go-to-market strategy and constant market feedback aren’t just nice-to-haves; they’re essential for survival.
Author
AiUTOMATING PEOPLE, ABN ASIA was founded by people with deep roots in academia, with work experience in the US, Holland, Hungary, Japan, South Korea, Singapore, and Vietnam. ABN Asia is where academia and technology meet opportunity. With our cutting-edge solutions and competent software development services, we're helping businesses level up and take on the global scene. Our commitment: Faster. Better. More reliable. In most cases: Cheaper as well.
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