1. Lack of a clear development plan. 2. Incorrect identification of the target audience or just ignoring this step. 3. Using wrongheaded strategy copying of all steps of the competitor. 4. Too large investments which in the future don't pay off (This results from 1 and 2 points). 5. Choosing too complex a business model for implementation. It's strange, but for some reason, many young businesses do not follow the proven rule "the simplicity of genius". 6.Saving money on promotion. 7. Choosing the wrong developers. 8. Choosing the wrong promotion specialists. 9. Involving too many employees for an easy task or charging a large number of tasks to one person.
And unfortunately, this list can be continued indefinitely.
A lot of beginning entrepreneurs fail because they are simply not ready to implement the conceived concept. But it is good that in 2018, there are many opportunities for growing and developing startups. Remember, do not make this harder than it has to be.
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