In the world of entrepreneurship startup failure occurs more often than not. Starting a business can be exciting, rewarding, and a lot of fun, however it’s also a lot of hard work as only 1 in 12 are successful at doing it. There are a lot of reasons why startups fail, however the number one reason is moving too quickly on one or more of the key growth dimensions (good business model, great products, team, customers, funding). The infograph below does a great job of illustrating this.
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