#277 Why 99% of Startups Fail?
Bootstrapping Your Dreams Show - Un pódcast de Manuj Aggarwal
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Well, it's an Industry known fact that 90% of startups fail in the first year, and then the rest who survive — fail in the next five years. This means only about one to 2% of the startups actually become successful businesses. Why is that? because of one reason: cash flow. Because the strength & health of a business depend on cash flow — how much cash are you bringing in, how much revenue are you bringing in? It doesn't matter how much money you’ve been able to raise, how many investors y...
