The author posted a question in Business, Finance
Why do many people say their business is a failure? and got a better answer
This is said only by weak people who are afraid and do not know how to take risks, And without risk business is impossible?
This is said only by weak people who are afraid and do not know how to take risks And without risk business is impossible.
Because according to official data business is successful with ~7 new entrepreneurs
Business failures often occur where they seemed to be simply should not be, and the most attractive and profitable prospects turn into losses. The success of a startup depends on how clearly the author of the idea represents the target audience of the business project. If there is no such representation, the venture usually ends in failure. In today's market, there are almost no niches without competition. Thinking about competition is not fun, but ignoring it led to the collapse of 10 startups. You should analyze the competitive environment as often as possible, using a variety of tools to do so. It is important to be able to focus on the main product, rather than throwing around a lot of near-finished ones that are of no value. Distraction from the main product leads to serious problems for the company.
Because for many people it's a failure, and for others it's fine.