Mika
VIP Contributor
Do you know the percentage of start-ups failure is really high. IT is said more than 50 percent start-ups cannot even make to one year anniversary. Start-ups that survive the first year still face a lot of challenges, and the majority of these start-ups fail to go beyond the third year. There are many reasons why start-ups fail, some of the common reasons are limited resources, insufficient funds for marketing, and adverse market conditions. To become successful with start-ups, having a brilliant idea, product, service is not enough, you also need resources to launch and market your products. You also need to make strategic planning by not only researching your idea but also the market.