Starting a business is tough, and the reality is that most start-ups don’t make it. In fact, around 90% of them fail, with 10% shutting down in the first year alone, according to Emboker.com. So, why do so many start-ups struggle to survive? It’s not just bad luck – there are some common challenges that nearly every start-up faces. In this article, we’ll explore four of the biggest hurdles that start-up owners run into, including money problems, lack of market demand, tough competition, and a flawed business model. By understanding these struggles and why they often lead to failure, new entrepreneurs can be better equipped to avoid these pitfalls and set themselves up for success.
