Why many Startups FAIL?

by Fardeen on October 23, 2009

Ever wondered what is the main differentiating factor between various startups that succeed to the next stage of survival and those that miss out.

Steve Blank has jotted down a step-by-step strategic insight in his book Four Steps to the Epiphany which explains the various challenges any organization/startup faces right from the stage of bringing a product to market, writing a business/marketing/sales plan and on what makes some startups successful by delivering practical examples.

Check out the testimony by Ryan Waggoner as to how Mighty Brand rectified some of its early mistakes in its initial stages.

As per Ryan, missing out on the prime focus of one’s product – Customer Development would have proven very costly had he not reviewed the guidelines in Steve Blank’s book.

  • Very good intro to the concept of startups and how they function. Must read.
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