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60 SECOND TIP: 4 Reasons Why Startups Fail

Posted in Insights by Jon on 2 Jun 2015 at 14:14 BST :383



60 SECOND TIP: In this video, Jon Stephenson (Head of Business Insights, Khemeia Consulting) talks about 4 reasons why startups fail.



Last week I attended a meeting with a leading law firm in Leeds. During the meeting I was asked the following question:


“So why do more startups fail than succeed?"


There are many reasons why startups fail. It often depends on which perspective you are looking at failure from The Four Main Reason Startups Fail are: People, Finance, Market, Product.


Your typical investor will finger either the team (People) or funding (Finance).

Your typical startup founder will pinpoint failure to either the Market or Product.



 What do you think are the main reasons

startups fail?


Khemeia Consulting is Yorkshire's Innovation Agency. We believe that innovation is the key to business growth.

About the Author


This post was written by Jon Stephenson - our Head of Business Insights

SUPER POWERS: Business Modelling, Business Analysis, Business Intelligence, Market Research, Marketing Strategy, Bicycle Repair Man

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