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:
- Production & skills.
- Competitors reaction.
- Need for the product.
- Educating the customer.
- 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<<