Forget all they hype around the startup culture, the sad reality is that about 3 out of every 4 startups are bound to fail. Needless to say, venturing into startups is not for the faint-hearted.
However information, they say, is power. Having an idea of some of the pitfalls of running a startup could help better position you the be successful at it.
Below is an infographic of the top 20 reasons startups fail. Some of the reasons are pretty obvious – lack of funding, investors and domain expertise, no addressable market, etc. – a few others, you don’t come across everyday everyday.
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Foreign investments dominate Nigerian startups | Newsbites
On March 25, 2021, Techpoint Africa will be hosting the brightest minds in decentralised finance/crypto at the Digital Currency Summit tagged “Building the money of the future” Click here for more details, registration and sponsorship. Location: Fourpoint by Sheraton, V.I. Lagos.
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