Arrogance, lack of planning, poor marketing, egoism, carelessness, work-life blending, and a lack of flexibility—these are the seven ailments that startups suffer from. Blogger Maren Lesche examined a study on startup failure and identified the most common mistakes founders make.
"I'm the next Facebook," "We have no competitors," "Investors love us" – as a mentor for various international accelerator programs, blogger, and community manager, I meet around 1,000 young startups a year who aspire to become one of the coveted unicorns that investors adore. However, the reality is often different. Nine out of ten startups don't survive the first round of financing. Many young founders then launch new projects. Whether they've learned their lesson often becomes apparent on the second attempt. The experts at CBInsights have recently analyzed which “Diseases” for most startups, it ends fatally. 156 founders reflected on the mistakes they made.
You can find the full article at deutsche-startups.de to read further.
