Failing a way to test presumptions that were made, and fix them.
Failing to find issues in provided solution.
Trying to solve too many problems.
Reasons startups fail:
They create something people don’t need.
Overestimating market size, needs, and budget they can assign to have your solution
Going after small markets to avoid Competition. you will only avoid competition if your idea is bad.
Single leadership. it’s best to have co-founders and teams to help build an startup.
Social Circle: it’s important to be around right people. both for receiving right feedback and ideas, and for motivation.
obstinacy: stubbornness and lack of flexibility is not a suitable trait for an startup.
Bad development team. The development team must be able to produce a near perfect and scalable final product, while being able to manage their perfections while developing MVP.
Wrong platform. choosing wrong platform ruins the foundation of your product.
Launching too late, or too soon. the best solution is that you should launch as soon as you have a product which won’t damage your reputation.
Bad market analysis. you must know your user base, and if they are willing to pay for the solution you provide.
Lack of capital, specially when product is launched will make you vulnerable and takes away your choices and flexibility.
Bad expense management. don’t pay for luxuries. and don’t hire if they aren’t essential(developers, marketers).
Making profit instead of users. Startups make users, businesses make profit. mind the growth phase and don’t ruin it for short term gain.
Founders becoming bosses instead of part of the team.
Conflicts between team members, specially founders can be devastating for startups.