Why do startups fail?

Startups is not about only getting right founders, right mentors and right incubators to scale up, but it is more about a research on arriving at a business model for an idea. The business model needs to be a paying one or impactful.

We find multiple startups imitating and the clones too get successful somewhere only because the investors prefer investing in safe bets.

No one risks an innovation till it is proven. This leads to innovation moved back to government funded initiatives or individuals who are seriously committed to innovations and give grants.

Almost startups globally fail as any thing in excess becomes a waste. How many startups can we have in mobility space or e-commerce or wallet or anything for matter. The unique differentiator is missing

What should be an ideal cost of experimentation?

Create a market base through need and subsequently just have 1 feature MVP (Minimum viable product feature) and push it in market.. If it succeeds, you add more modules.

Startups fail because of too much focus on either technology or marketing and the right balance is missed out.. Apart from that for strange reasons mentors/advisors are paid /not paid at all.. or even in board, may get may be 0.5% etc, so it is not a lucrative proposition for them.. So next time another startup gets into a graveyard, it is not because an entrepreneur failed, it is because the market validation was inadequate and the competency skills to scale it up needed more attention.

 

 

Startups Graveyard

Hari ‘this is going to be a disaster.. Investments not coming in.. let us close the startup’

Nancy ‘common.. not 1 more still in graveyard’

Hari ‘I think the biggest mistake we did was to not evolve a paying model during boot strap itself’

Nancy ‘every year so many startups shutting down,.. and with it the numerous dreams buried with it’

Hari ‘Not sure.. again will begin searching job’

Nancy ‘hey..you are an entrepreneur right.. startup something again… didn’t you know that even after a person expires, it will reborn again.. so just step up.. do not get worried about the graveyard

 

 

Return from GraveYard

Rose ‘this is dead end.. I can see only grave from now on’

Tom ‘see an opportunity in grave too’

Rose ‘am finished.. the entire funds drained and nothing much to do or say.. All employee’s exited. Investors unhappy.. boy friend too.. and only you… my last friend having patience standing here in front of grave of my dear mentor Philips’

Tom ‘look at his smile.. when he was being buried.. wanting to inform that he mentored many.. scaled so many.. but none came.. only the failed startup entrepreneurs came to see him off.. Is it not bad’

Rose ‘are you kidding in front of a dead soul.., All are gone.. I feel like committing suicide’

Tom ‘why you didn’t…  you could have laid right next to him.. It would have been a news item’

Rose ‘common.. you kid.. let us go to a restaurant.. am feeling hungry’

As both much burger..

Tom ‘can you keep a tab on failed individuals and just motivate them?’

Rose ‘one failed resource motivating others. Impossible’

Tom ‘just talk of what needs to be avoided and what should be done to refresh mind.. I can also be part of this venture.. and you just give free equities to ones who invested in your screwed up venture’

Rose ‘brilliant idea..’

3 months later

Rose ‘it was tough convincing investors.. just we managed it.. and it was great.. our traction is good.’

Tom ‘now merge this unit with your failed screwed up and create a big hype’

4 months later

Rose and Tom near the mentor graveyard

Tom ‘did his soul enter your body?’

Tom’s expression changes and Rose is shocked

Rose ‘common.. you are kidding me.. just come back to original form Tom’

Tom returns back to normal form

Rose is shivering

Rose ‘let us return back’

Late night

Rose ‘is it possible, the mentor’s soul moved into Tom’s body..  who will believe this?’

 

Beloved MOM

Beloved Mom Nancy, wish you a happy mother’s day.. I know you are far away from me and may be I will not be able to convey to you small little secrets..

“I loved you more then dad, but didn’t ever understand why you stopped him ever from doing business’

“I didn’t like your interference with my girl friend’s thought process but so many times you proved you were right that i got confused whether I was wrong or I was right till one day you just hugged my girl friend and whispered a secret’

“She told me after many years that my mom had whispered “Men are kids, so pamper them silly but don’t spoil them by making them feel that they own you.. don’t allow him to take you for granted.. you need to have your own identity’

“I smiled at my foolishness to doubt you.. and wondered why you remained strict and dotting on me?”

“I hated when you left me and as you lay there in grave, i wondered whether it was me who needed to cry or was it you who was supposed to laugh as you handed over a legacy in form of your education business.. a network marketing tool which you established so well.. How many of us try to cash on our parent’s contacts.. i too never realized till I opened my face book again and found just before you left for abode, you had informed all to invite me in your group”

“Modern day mom.. you loved twitter, face book, linked in and taught me to socialize and network.. and now you smile and wait for me to put some mud over you.. some flowers.. wreath and then you are gone up”

“Who says mother are sweet and sour.. i say all women do have maternal instinct and all kids have sweet and sour relation with mom but finally the chord.. that chord which united us before i was cut off from you by the doctor to come and evolve in this world independently where you didn’t wish your husband to start some business as you were scared i would not get good education and same mom didn’t mind being an entrepreneur and wanting her son to be one..”

“Times and have changed Mom.. hope god blesses you with loads of peace and happiness”

“Time to say bye” “Happy Mother’s day MOM.. I love you a lot”

Fred has drop of tears in his eyes and leaves from the graveyard,