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Top 10 reasons for failure of any venture.

  1. Problem - Solving non-real problem

  2. Market size - Too small, too cheap, too competitive

  3. Product - no P/M fit, product quality

  4. Marketing Channel - no low cost marketing channel to reach bulk customers, CAC way high than revenue, Product positioning and differentiation iissues

  5. Pricing - Too high hence unaffordable, too low hence cheap quality perception issue, no/low profitability

  6. Offer - No/low persuasion

  7. Team - Co-founder, Hiring/firing issues of team members

  8. Finance - Funding, cash flow problems

  9. Competition - More funded, more resourceful to copy your competitive features over night, stealing team members with more money

  10. Timing - Too late or too early in the market

What else? pls add more for the benefit of the community.

on November 17, 2024