Cezara Pralea - 31 Aug 2018
Early-stage warning signs of startup failure
As an entrepreneur and startup founder, you have faith in your new business. You believe that investing time and effort into developing your idea, going to meetings, putting together a team, pitching to investors, and making a lot of sacrifices will pay off and your business will be successful. The reality is that 90% of startups fail, 10% of which during the very 1st year and 70% during years 2 to 5, according to Failory’s 2020 Report. Indirectly, this statistic emphasises how utterly bonkers one must be to still go ahead and found a startup against all these chilling odds.
