Why 9 out of 10 new businesses fail?
Despite Investors consistently pouring investments in Startups , unfortunately there is no reputed Business Training for Investors, founders and employees, teaching hard realities about what getting involved with new businesses is all about.
Investing monies and running businesses are different skills all together.
An investor cannot assume that because he has the monies, he can have better understanding of business and vice-versa.
As per Forbes and Statista, 9 out of 10 businesses fail.
This is because a start-up needs a special mindset and attitude.
Startups are more about resourcefulness than resources.
Its more about that attitude of working till the job gets done not till the clock ticks 5.