Top reasons why startups fail

We all know how difficult it is to build a scalable sustainable startup. Here are the most common reasons why they fail:

1. No Market need - 42% (Not to build a solution in search for a problem)

2. Ran out of cash - 29%

3. Not the right team - 23%

4. Get outcompeted - 19%

5. Pricing or cost issues - 18%

6. User unfriendly product - 17%

7. Product without a business model - 17%

8. Poor marketing - 14%

9. Ignore customers - 14%

10. Product mistimed - 13%