Why Indian Startups Fail and How To Avoid It
Indian startups often fail due to factors like inadequate market research, lack of proper funding, and poor cash flow management. Many entrepreneurs also struggle with scaling their business, ignoring customer feedback, or facing stiff competition. Poor team dynamics and an inability to adapt to changing market conditions further contribute to failure. To avoid these pitfalls, startups should prioritize understanding their target market, build a strong financial foundation, ensure a talented and cohesive team, and remain flexible to changes. Strategic planning, regular customer engagement, and securing adequate funding can also significantly increase the chances of success.