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Expertise

$1.67/min

Top 20 Reasons Early Stage Startups Fail and How You Can AVOID Them!

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Created 5 years ago in Business / Getting Started

Are you struggling from some internal or external factor that's coming in way of growth of your startup? Is there a conflict among founders or the team that is hurting the morale and efficiency of everyone?

From lack of product-market fit to disharmony on the team, in this session we will analyse the top 20 reasons for startup failure. This is based on CB Insights research by analyzing 101 startup failure post-mortems.

After reading through every single of the 101 postmortems, CBInsights learned there is rarely one reason for a single startup’s failure. However, a pattern was seen to these stories. And so after sifting through the post-mortems, CBInsights identified the top 20 reasons startups failed.

We will discuss these top 20 startup failure reasons and analyse them from your startup perspective. This will include real life examples from other failed startups and further reading/reference resources. We will discuss practical solutions to the challenges being faced by your startup.

Anil Chhikara

Bangalore, India
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Chairman, Startup India Foundation | Managing Partner, WeDeal China | Founder CEO BlueBolt Startup Factory | Judge @ India's First Startup Reality Show. I'm an entrepreneur at heart & believer in the power of dreams. I love mentoring budding entrepreneurs & innovative startups in our portfolio on building biz plans, successfully pitching to investors, go-to-market strategies & scaling up businesses. In 2001, I founded 24x7 Learning and led its growth over a decade to become India’s largest e-learning implementation company. Besides angel investment, I successfully raised multiple rounds of investments including $4m from Network 18, India’s leading media conglomerate. I was responsible for global sales operations and all customer-facing functions including implementation, consulting besides defining technology, enterprise products roadmap and strategy. After exiting in 2013, I set up Marco Polo Ventures, an innovative Go-to-Market Strategy and Execution consulting firm based in Dubai. Marco Polo helped develop, implement and manage a custom go-to-market strategy & distribution network for startups wishing to quickly scale up their revenues. Prior to founding 24x7 Learning, I had successfully setup and launched businesses for two large multinational companies - Parametric Tech, USA and Cimatron, Israel. I earlier ran Jaarvis Accelerator, where I got opportunity to nurture some of India's finest tech startups. I'm a well-regarded startup mentor in the Indian startup ecosystem. I was the anchor judge for Haywards 5000 Haunslay ki Udaan, India's First Startup Reality TV Show and the official startup coach for The Vault Show, India's answer to Shark Tank. Having judged over 1000 startups in the last 24 months, I'm most sought after judge for startup pitching competitions. This gives me an early access to smart tech startups. My personal passion is Sculpting and I have won several national level prizes. Besides my mechanical engineering, I have learnt sculpting at New York Academy of Fine Arts and about art markets at Sotheby’s Institute of Art in London. Checkout our portfolio of startups and know more about our acceleration program, go to www.bolt.blue Complete Profile- www.linkedin.com/in/anilchhikara.

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