why 90% of startups fail?

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<<

 

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