#1 Money Money is known to be one of the major causes of problems that can lead business to failure. For a new business, the biggest mistake is expecting instant profit. Young and eager entrepreneurs start up a business with little money, assuming they will earn big and then invest that money again in their […]
Startup Failure
What is the best advice for struggling entrepreneurs?
We previously wrote an article on advice that you would give to First-time Startup Founders and decided to follow up with the best advice for entrepreneurs who are struggling right now. Scott, Startup Mentor – Struggling is part of the process of becoming successful. The struggle is part of entrepreneurship. It should be a […]
Advice that you would give to First-time Startup Founders
Many young entrepreneurs want to build their own businesses for similar reasons that young actors still flock to Hollywood by the busload. They want to the glitz, the glamour, the pool parties, and the name recognition. Yet, most do not make it in the end and we compile pieces of advice that we, ourselves, have […]
How do you know if your startup idea already exists?
If I need to know does my idea already exist or not, I should start with searching on Google. Obviously, if the competitors’ information don’t show up on search engines, it means they are not popular enough to take into account, or the idea actually haven’t exists. In order to get the optimal result, I […]
What essential skills do startup founders generally lack?
Among many things the first-time entrepreneurs should not waste their time on are the following things that we have compiled in this article. Public speaking and presentation skills At least in the tech startup community, most presentations by senior executives are appallingly awful. Even if the subject matter is fascinating, they can find […]
How do I know it is time to quit or close a startup?
When you ask yourself the question posed here, “How do you know when to quit?” When you are asking when, all the issues raised above are already in play, and it’s a matter of time. In fact when you use the word quit, you’re really negotiating with yourself, and any time you are doing that, […]
Famous Startups that Failed Despite Millions in Funding
In this article, we examine startups that were previously very popular, but ultimately failed to live up to the hype. These startups can be used to examine reasons for startup failure, that we at Startup Storey hope will be useful in your entrepreneurial journey. Segway Segway remains the canonical example, and I think offers […]
What should most startup founders not waste their time doing?
In this article, we gather some of the things that do not value-add to the experience of running a startup – and that is, the stuff that startup founders should not be wasting their time doing! Do not be afraid of someone stealing your startup idea If discussing your startup with outsiders could threaten […]