By Sakshi Sah
Published Apr 16, 2025

Hindustan Times
Trending

Photo Credit: Pexels

6 key lessons to help your startup grow

Lessons every startup should know. Many businesses fail, but it’s often for the same reasons. Learn what to avoid from the start.

Here are some common reasons from Harvard Business Review.

If customers don’t need or want your product, they won’t buy it. It might be the price, the features, or that it’s just not a must-have.

Poor product-market fit

Many startups run out of money. Spending too much, taking on debt, or relying on one income source are big risks that can stop growth.

Financial mismanagement

Customers want a great experience. If they don’t feel supported or happy, they won’t stay.

Ignoring customer success

Every product has rivals. If you don’t stand out or respond well to your competition, you could lose your place in the market.

Too much competition

Big changes in the world, economy, or tech can hurt a startup. Sometimes, the market simply isn’t ready yet.

Bad timing

A startup needs strong leaders. Poor hiring, lack of teamwork, or low motivation can bring down the whole business.

Weak leadership team

Most problems can be avoided with planning, clear goals, and strong teamwork.

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