You put everything into your business: your time, your talents, your money — whatever it takes to make your startup a success. But you’re all too familiar with the scary statistics: half of all new businesses fail within the first five years, and for every successful entrepreneur, there are plenty who wish things had turned out differently. If only you could ask them what they’d change if they could go back in time — or what they learned from their experiences.
Well you’re in luck: this infographic collects research by CB Insights to distill 101 startup postmortems into the 20 most common reasons new businesses fail. Get priceless advice on how to make your business a success—and what to watch out for—straight from the founders themselves.
Source: Lance Surety Bonds
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