why 90% of startups fail?

A good question, many wonder who and how they come up with this number ?

is it through statistics or …

Reality is that startups have many variables that determine their success, and usually startup founders are young and inexperienced

thus they are likely to have a lot of trouble with many of the these variables!

Some of these variables are:

1. Capital.
2. Management.
3. Connections.
4. Production & skills.
5. Competitors reaction.
6. Need for the product.
7. Pricing.
8. Patents.
9. Educating the customer.
10. Branding and marketing.

 

A mathematical formula using the above variables can explain the reason this number of 90% will fail was given,
click for to see the startup formula article<<