{"id":5753,"date":"2019-07-04T12:01:13","date_gmt":"2019-07-04T12:01:13","guid":{"rendered":"https:\/\/www.kredx.com\/resources\/?p=5753"},"modified":"2023-02-09T05:19:50","modified_gmt":"2023-02-09T05:19:50","slug":"a-closer-look-at-reason-for-startup-failure","status":"publish","type":"post","link":"https:\/\/www.kredx.com\/resources\/reports\/a-closer-look-at-reason-for-startup-failure\/","title":{"rendered":"A Closer Look At Reason For Startup Failure"},"content":{"rendered":"<div class=\"download-content\">\n<p>On  first  sight,  starting  and  building  a  business  might  seem  an  easy  and  simple task to do. Unfortunately, new businesses are still prone to failures and  usually  fail  even  before  they  soar  high.  The  global  stats  depict  that  50%  of  small  businesses  fail  during  the  first  year  and  95%  in  the  first  5  years.  While  those  start-ups  that  exist  applied  the  right  business  tactics  and principles, but the numbers are too few to justify. The idea to start a business needs a pro-active understanding of the failures encountered by others, mistakes to avoid, and pitfalls to evade.<\/p>\n<\/div>\n<div class=\"download-img\">\n<div>\n<img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-medium wp-image-4384 aligncenter\" src=\"\/resources\/wp-content\/uploads\/2019\/07\/closer-look-1.jpg\" alt=\"\" width=\"218\" height=\"300\">\n<\/div>\n<div class=\"sg-popup-id-6452 pum-trigger\" style=\"text-align: center;\"><i class=\"fa fa-download\" aria-hidden=\"true\" style=\"margin-right: 5px;\"><\/i>DOWNLOAD<\/div>\n<\/div>\n<p> <a href=\"https:\/\/www.kredx.com\/resources\/reports\/a-closer-look-at-reason-for-startup-failure\/\" title=\"Read more on A Closer Look At Reason For Startup Failure\" class=\"more-link\">read more<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<div class=\"download-content\">\n<p>On  first  sight,  starting  and  building  a  business  might  seem  an  easy  and  simple task to do. Unfortunately, new businesses are still prone to failures and  usually  fail  even  before  they  soar  high.  The  global  stats  depict  that  50%  of  small  businesses  fail  during  the  first  year  and  95%  in  the  first  5  years.  While  those  start-ups  that  exist  applied  the  right  business  tactics  and principles, but the numbers are too few to justify. The idea to start a business needs a pro-active understanding of the failures encountered by others, mistakes to avoid, and pitfalls to evade.<\/p>\n<\/div>\n<div class=\"download-img\">\n<div>\n<img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-medium wp-image-4384 aligncenter\" src=\"\/resources\/wp-content\/uploads\/2019\/07\/closer-look-1.jpg\" alt=\"\" width=\"218\" height=\"300\">\n<\/div>\n<div class=\"sg-popup-id-6452 pum-trigger\" style=\"text-align: center;\"><i class=\"fa fa-download\" aria-hidden=\"true\" style=\"margin-right: 5px;\"><\/i>DOWNLOAD<\/div>\n<\/div>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[38],"tags":[],"class_list":["post-5753","post","type-post","status-publish","format-standard","hentry","category-reports","no-thumb"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>A Closer Look At Reason For Startup Failure - Resources<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.kredx.com\/resources\/reports\/a-closer-look-at-reason-for-startup-failure\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"A Closer Look At Reason For Startup Failure - Resources\" \/>\n<meta property=\"og:description\" content=\"On first sight, starting and building a business might seem an easy and simple task to do. Unfortunately, new businesses are still prone to failures and usually fail even before they soar high. The global stats depict that 50% of small businesses fail during the first year and 95% in the first 5 years. While those start-ups that exist applied the right business tactics and principles, but the numbers are too few to justify. The idea to start a business needs a pro-active understanding of the failures encountered by others, mistakes to avoid, and pitfalls to evade.       DOWNLOAD\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.kredx.com\/resources\/reports\/a-closer-look-at-reason-for-startup-failure\/\" \/>\n<meta property=\"og:site_name\" content=\"Resources\" \/>\n<meta property=\"article:published_time\" content=\"2019-07-04T12:01:13+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-02-09T05:19:50+00:00\" \/>\n<meta name=\"author\" content=\"resources\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"resources\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.kredx.com\/resources\/reports\/a-closer-look-at-reason-for-startup-failure\/\",\"url\":\"https:\/\/www.kredx.com\/resources\/reports\/a-closer-look-at-reason-for-startup-failure\/\",\"name\":\"A Closer Look At Reason For Startup Failure - Resources\",\"isPartOf\":{\"@id\":\"https:\/\/www.kredx.com\/resources\/#website\"},\"datePublished\":\"2019-07-04T12:01:13+00:00\",\"dateModified\":\"2023-02-09T05:19:50+00:00\",\"author\":{\"@id\":\"https:\/\/www.kredx.com\/resources\/#\/schema\/person\/da70533c0b453e29c0a0136fbe383e6c\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.kredx.com\/resources\/reports\/a-closer-look-at-reason-for-startup-failure\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.kredx.com\/resources\/reports\/a-closer-look-at-reason-for-startup-failure\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.kredx.com\/resources\/reports\/a-closer-look-at-reason-for-startup-failure\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.kredx.com\/resources\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"A Closer Look At Reason For Startup Failure\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.kredx.com\/resources\/#website\",\"url\":\"https:\/\/www.kredx.com\/resources\/\",\"name\":\"Resources\",\"description\":\"Resources \",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.kredx.com\/resources\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.kredx.com\/resources\/#\/schema\/person\/da70533c0b453e29c0a0136fbe383e6c\",\"name\":\"resources\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.kredx.com\/resources\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/8e040c89e2d34343233edc0d4300a46c?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/8e040c89e2d34343233edc0d4300a46c?s=96&d=mm&r=g\",\"caption\":\"resources\"},\"url\":\"https:\/\/www.kredx.com\/resources\/author\/resources\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"A Closer Look At Reason For Startup Failure - Resources","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.kredx.com\/resources\/reports\/a-closer-look-at-reason-for-startup-failure\/","og_locale":"en_US","og_type":"article","og_title":"A Closer Look At Reason For Startup Failure - Resources","og_description":"On first sight, starting and building a business might seem an easy and simple task to do. Unfortunately, new businesses are still prone to failures and usually fail even before they soar high. The global stats depict that 50% of small businesses fail during the first year and 95% in the first 5 years. While those start-ups that exist applied the right business tactics and principles, but the numbers are too few to justify. The idea to start a business needs a pro-active understanding of the failures encountered by others, mistakes to avoid, and pitfalls to evade.       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