7 Lessons a Startup can Learn from it’s Failure

Present world belongs to Startups. Young people are preferring to start their own ventures than joining jobs. It is also truth that chances of failure for a startup are 65% or more. This is also true that failure of a startup doesn’t mean you can not start another venture. There are many good things about failure for a startup. Have a look at 7 Lessons a Startup can Learn from it’s Failure:

1) Don’t repeat the reasons of failure while starting another startup.

7 Lessons a Startup can Learn from it's Failure - donot repeat

2) Analyse the reasons and discuss them with your mentors.

7 Lessons a Startup can Learn from it's Failure - analyse the reasons

3) Share the lessons as a write up on your blog or some other startup website.

7 Lessons a Startup can Learn from it's Failure - share the lessons

4) Don’t get demoralize from failure. Take it as learning.

7 Lessons a Startup can Learn from it's Failure - learning

5) Consider failure as part of life. Don’t consider it as end of life.

7 Lessons a Startup can Learn from it's Failure - part of life

6) Make sure you don’t spend more money on failed startup. Try to protect your money.

7 Lessons a Startup can Learn from it's Failure - dont spend money

7) Close the startup entity, legally. Make sure you close it officially.

7 Lessons a Startup can Learn from it's Failure - close the company


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