{"id":9315,"date":"2019-07-09T11:45:26","date_gmt":"2019-07-09T10:45:26","guid":{"rendered":"https:\/\/da-manager.com\/blog\/?p=9315"},"modified":"2022-12-05T09:43:24","modified_gmt":"2022-12-05T08:43:24","slug":"top-20-reasons-why-startups-fail","status":"publish","type":"post","link":"https:\/\/da-manager.com\/blog\/top-20-reasons-why-startups-fail\/","title":{"rendered":"Top 20 Reasons Why Startups Fail"},"content":{"rendered":"<p>Opening and operating a successful startup requires some hard-work and thoughtful planning &#8212; as well as the ability to adapt that plan. Having been involved as a consultant to numerous startups over the past decade, I have seen some fail, some achieve a modicum of success, and some make it big. Here are a few do&#8217;s and don&#8217;ts that will help guide your startup to the promised land:<\/p>\n<p><a href=\"https:\/\/www.da-manager.com\/web-development\/\" target=\"_blank\" rel=\"noopener noreferrer\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-medium wp-image-8991\" src=\"https:\/\/da-manager.com\/blog\/wp-content\/uploads\/2019\/05\/web-design.png\" alt=\"\" width=\"984\" height=\"470\" srcset=\"https:\/\/da-manager.com\/blog\/wp-content\/uploads\/2019\/05\/web-design.png 984w, https:\/\/da-manager.com\/blog\/wp-content\/uploads\/2019\/05\/web-design-300x143.png 300w, https:\/\/da-manager.com\/blog\/wp-content\/uploads\/2019\/05\/web-design-768x367.png 768w, https:\/\/da-manager.com\/blog\/wp-content\/uploads\/2019\/05\/web-design-600x287.png 600w\" sizes=\"auto, (max-width: 984px) 100vw, 984px\" \/><\/a><\/p>\n<p><strong>Business Plan<\/strong><\/p>\n<p>\u2022 Don&#8217;t think that a great idea or a great product is enough. The startup graveyard is littered with amazing ideas and products that have failed.<\/p>\n<p>\u2022 Do have a business plan that includes every aspect of how you will run your operation and how it will be successful. It should include all anticipated costs, marketing, manufacturing, the technology required and staffing. A business plan should also include how you will market and sell your product.<\/p>\n<p>With this in mind, if you&#8217;re considering starting a <a href=\"https:\/\/www.da-manager.com\/brand-design\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"color: #808000;\">new business<\/span><\/a>, or you want to avoid the common pitfalls that prevent other startups from achieving success,<\/p>\n<p><a href=\"https:\/\/www.salesforce.com\/ca\/blog\/2018\/06\/what-to-do-after-startup-launches.html\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"color: #808000;\">Salesforce<\/span><\/a> shares the most common reasons startups fail in this infographic.<\/p>\n<p><strong>Here\u2019s what is included:<\/strong><\/p>\n<p>\u2022 Why startups fail<br \/>\n\u2022 How to choose your core values<br \/>\n\u2022 The classifications of startups based on growth<\/p>\n<p><strong>Check out the infographic for more detail.<\/strong><\/p>\n<p style=\"text-align: center;\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-medium wp-image-9313\" src=\"https:\/\/da-manager.com\/blog\/wp-content\/uploads\/2019\/07\/IMG_0396.jpg\" alt=\"Startup\" width=\"900\" height=\"3353\" \/>=========================================================<\/p>\n<p style=\"text-align: center;\">Thanks for reading this post! Don\u2019t just read and leave,<\/p>\n<p style=\"text-align: center;\">Please like, follow me, and share with others too!!\u2026<\/p>\n<p style=\"text-align: center;\">=========================================================<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Opening and operating a successful startup requires some hard-work and thoughtful planning &#8212; as well&#8230;<\/p>\n","protected":false},"author":1,"featured_media":9314,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","_mbp_gutenberg_autopost":false,"footnotes":""},"categories":[3368,147,3351],"tags":[],"class_list":["post-9315","post","type-post","status-publish","format-standard","has-post-thumbnail","category-expert-advice","category-general","category-small-business"],"modified_by":"Wise","_links":{"self":[{"href":"https:\/\/da-manager.com\/blog\/wp-json\/wp\/v2\/posts\/9315","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/da-manager.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/da-manager.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/da-manager.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/da-manager.com\/blog\/wp-json\/wp\/v2\/comments?post=9315"}],"version-history":[{"count":0,"href":"https:\/\/da-manager.com\/blog\/wp-json\/wp\/v2\/posts\/9315\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/da-manager.com\/blog\/wp-json\/wp\/v2\/media\/9314"}],"wp:attachment":[{"href":"https:\/\/da-manager.com\/blog\/wp-json\/wp\/v2\/media?parent=9315"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/da-manager.com\/blog\/wp-json\/wp\/v2\/categories?post=9315"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/da-manager.com\/blog\/wp-json\/wp\/v2\/tags?post=9315"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}