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Are you in the process of starting a new business? Want to know the pitfalls you need to avoid to achieve success?

We share 8 common reasons startups fail in this infographic.

Here are the key points:

  • Lack of planning
  • Underutilising technology
  • Marketing to the wrong customer
  • Overspending
  • Underspending
  • Lack of an online presence
  • Failure to delegate
  • Playing down your competition

Check out the infographic for more detail.

Starting-a-Business-8-Common-Reasons-Startups-Fail-You-Must-Avoid

This article was originally published in 27 November 2017. It was most recently updated in November 28, 2022 by

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