Why businesses fail despite having starting capital
Why Businesses Fail Despite Having Starting Capital For any aspiring entrepreneur, securing that initial startup capital feels like the final hurdle. It's the green light, the signal to begin the race. However, as many seasoned business owners will attest, the real challenge begins after the launch. Having studied the business landscape for a long time, I've come to see it as a complex game. The rules are strict, the competition is fierce, and once you mess up a fundamental move, you risk failure. While starting is often less difficult than people imagine, surviving and thriving is where the true test lies. The belief that a well-funded startup is immune to failure is one of the most pervasive and dangerous myths in entrepreneurship. The capital is merely the fuel; it doesn't guarantee you know how to drive the car or that you're even on the right road. This article will delve into the critical reasons why businesses with adequate starting capital still shut their doors...