77%
Lack of Business Strategy
- Product without a business model - 17%
- No Market Need - 42%
- Inappropriate Pricing Model -18%
27%
Failed Strategic Marketing
- Poor Marketing - 14%
- Product Mistimed - 13%
36%
No Growth Strategy
- Get Outcompeted - 19%
- Burn-out - 8%
- Failed Geographical Expansion - 9%