The Real Reasons Why Startups Fail

In this video you’ll learn the top 5 reasons that startups fail. I’ll also show you how to avoid these common mistakes. In fact, avoiding these simple mistakes is one of the main reasons that I was able to grow my startup, Vivino, to over 30 million users. So without further ado, here’s what you’ll learn in today’s video: First, I’ll cover why most founders approach their startup the wrong way. Specifically, they lack the #1 trait that legendary founders (like Elon Musk) have. Next, you’ll learn how to avoid the scaling mistake that kills 90% of startups (especially those that get VC funding). The third mistake is that the founding team is “broken”. I’ll show you exactly what I mean by “broken” about midway through the video. Then I’ll show you why you need to launch your product at the right time. What’s the right “time”? I give you a bunch of examples (including insights from Apple, Facebook and Google) in the video. And the #1 reasons why startups fail is...drumroll...the wrong product. Or more specifically, the wrong product for their market. I’ll walk you through you an easy exercise that you can use to make sure that you don’t fall into this trap. In the end, you’ll have an answer to the question: why startups fail. Why Startups Fail Blog: https://rawstartup.co/top-5-reasons-w... Raw Startup Blog: https://rawstartup.co/ Bill Gross on Why Startups Succeed video:    • The single biggest reason why start-ups su...   Raw Startup T-shirt: https://rawstartup.threadless.com/des... #Startup #WhyStartupsFail #Entrepreneurship