Why Startups Fail: Run Out Of Cash, Run Out Of Commitment

Avatar Posted by Aaronontheweb under Startups
From http://onstartups.com 6111 days ago
Made Hot by: on March 4, 2008 3:13 pm
From the site: "One thing I've been pondering this weekend is figuring out why startups fail. But, in order to figure that out, I had to first decide what constitutes failure. The more I thought about it, the more I realized that a definitive failure is when the startup simply stops trying. And, the only reasons to stop trying are that you run out of cash, or you run out of commitment -- or both."





Comments


Written by Aaronontheweb
6111 days ago

I agree with you - having seen bootstrapped startups and funded ones, bootstrapped ones are more profit-centric first rather than infrastructure-centric and product-centric ones are



Written by blueenergy
6111 days ago

I agree competely with this. Five years ago I wouldn't have, but I think that when have to make money from the start, you create a better business model.



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