Study why startups fail to achieve success for your startup

95% startups fail. Why startups fail and how to achieve success for your startup. 

A major reason why companies fail, is that they run into the problem of their being little or no market for the product that they have built.

Another reason that companies fail is because they fail to develop a product that meets the market need. This can either be due to simple execution. Or it can be a far more strategic problem, which is a failure to achieve Product/Market fit.

Once a product has started to show that it has product/market fit, i.e. it delivers business value, and customers want to buy it, there is another tricky journey to figure out: how to sell the product. Sometimes this is called Go-to-market fit. I prefer to call this phase the search for a repeatable and scalable growth model, as the words repeatable and scalable tell such a clear story about what has to be accomplished

one of the most common causes of failure in the startup world is that entrepreneurs are too optimistic about how easy it will be to acquire customers. They assume that because they will build an interesting web site, product, or service, that customers will beat a path to their door.

An incredibly common problem that causes startups to fail is a weak management team. A good management team will be smart enough to avoid the above reasons

Another reason is lack of proper budgeting and allocating cash for next few years of expenses. 

Why startups fail. Good graphic https://www.cbinsights.com/research/report/startup-failure-reasons-top/

Read last line. 95% startups fail. 

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