Showing posts from October, 2018

Why Many Start Ups Fail

When we go to different places a number of business proposals crop of in our mind. If we find a restaurant is very popular and making good business then we tempt to ask ourselves that why not start a restaurant business. If we find a medicine stores is doing roaring business then we feel like starting a medical shop and earn handsomely. TED talks we see and most of us feel like starting a TED talk and get popular. I know some of my friends in software jobs. They saw the lucre and glamour in the software environment and started making their own start ups. Most of them failed miserably, few could afford to come back to jobs but many went bankrupt. They became burdens to their old parents. Many went in to deep depressions never to recover till now.

Staring a new business is an excellent idea. In fact, we read success stories of many entrepreneurs and get motivated to start our own business, but what usually we miss are the failure stories and stories of failed entrepreneurship. To add to…