AVOID GOING FROM RICHES TO RAGS: 6 LESSONS FOR STARTUPS

In the high-stakes world of startups, Venture Capitalists (VC) is often seen as the golden ticket to success. With financial backing, entrepreneurs are equipped with the resources they need to innovate, scale, and disrupt industries.

- SAUMYA SINDHWAN AND SUDIPTA SHAW

But despite these advantages, nearly 75 per cent of startups funded by VC end up failing. We present below the six mistakes that they did, which you must avoid in order to run your business sustainably.

DON’T SPREAD YOURSELF TOO THIN TOO FAST: A startup manages to attract investment due to the sharpness of their offering. They should concentrate on strengthening their internal infrastructure and enhancing their current products and services to establish a solid foundation that can support them when they decide to grow and take greater risks.