I’ve definitely seen how small missteps can snowball when running a business, and lists like this are a great reminder to pause and check if we’re guilty of any ourselves. According to CB Insights, 38% of startups fail because they run out of cash and 35% because there’s no market need (https://www.cbinsights.com/research/startup-failure-reasons-top/). Reading Paul Graham’s insights from this post alongside that stat really hammers it home.
I’ve definitely seen how small missteps can snowball when running a business, and lists like this are a great reminder to pause and check if we’re guilty of any ourselves. According to CB Insights, 38% of startups fail because they run out of cash and 35% because there’s no market need (https://www.cbinsights.com/research/startup-failure-reasons-top/). Reading Paul Graham’s insights from this post alongside that stat really hammers it home.
Many probably run out of cash because the need is non existent ☹️