A chart with 5 bars explaning the 5 top reasons why startup fails. It shows percentages of each one of the categories being lack of knowledge and experience 38%, poor fit between co-founders 25%, lack of focus 17%, ran out of cash 13% and lost passion for the idea 8%. In the left bottom of the chart there is an icon of Aral Group with the words Aral Group

Why startups fail?

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By Juan F. Cardona – Managing Director Aral Group Pty Ltd. Several weeks ago, I was working with my team in the development of our startup SyncMynd®. As part of our work, we were speaking with potential customers, in this case startups. We spoke with 24 entrepreneurs, ranging from 12 to 46 years old. They …

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