By Sakshi Sah
Published Apr 16, 2025
Hindustan Times
Trending
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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.
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Here are some common reasons from Harvard Business Review.
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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
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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
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Customers want a great experience. If they don’t feel supported or happy, they won’t stay.
Ignoring customer success
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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
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Big changes in the world, economy, or tech can hurt a startup. Sometimes, the market simply isn’t ready yet.
Bad timing
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A startup needs strong leaders. Poor hiring, lack of teamwork, or low motivation can bring down the whole business.
Weak leadership team
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Most problems can be avoided with planning, clear goals, and strong teamwork.
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