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Why Startups Fail
filed in Innovation, Success
Take a look at this list of reasons startup founders give for failing. These are just some of them. The cost of customer acquisition, ahead of its time, wrong positioning, not enough income, no problem solution fit, wrong target market, low customer adoption, too early, not enough demand, no real audience and too much ego. What all 134 reasons point to is that the companies didn’t make something enough people wanted.
It’s easy to fall in love with our ideas. The trick is to take our rose-tinted spectacles off for long enough to understand exactly why, in a world of infinite choices people will notice, care, choose and pay us for them. Don’t tell us what you made. Tell us why it’s going to matter.
Image by Reinis Traidas.