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why start-ups fail ?? Mohamed Safwat

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Why do start­ups fail? Mohamad Safwat
My Story
Reason 1 No clear vision of the start­up.
Reason 2 You don't have a real product or service. You don't even imagine the prototype of  the product.
Reason 3 You don't have a competitive advantage. You are a copier.
Reason 4 You don't target a type of customers.
Reason 5 Wasting time in business plans. Running after VCs.
Reason 6 You don't have the knowledge. You don't have the resources. You don't know how to get those resources.
Reason 7 You work with non­reliable lazy team. You accept everyone.
Reason 8 Your team members have other commitments. Your team members are not passionate.
Reason 9 You are looking for money only.
Reason 10 You live in 'Dream Park', and still want to.
Reason 11 You are not practical about your calculations. Tip : You need less than what you think.
Reason 12 You want to grow rapidly. Small is not a step, it's a destination.
Reason 13  You don't say NO. Tip : Scratch your own itch. Make a game that you enjoy.
Reason 14 You don't believe in your idea.
Reason 15 You over do your plans.
Reason 16 You don't know how to get profit. Business or Hobby?
Reason 17 Mixing enthusiasm with Priorities.
More Tips Accomplish small victories.
More Tips Don't worry about the competition.
Thanks!

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