{"id":1568,"date":"2013-12-13T16:52:50","date_gmt":"2013-12-13T15:52:50","guid":{"rendered":"http:\/\/aubertm.me\/?p=149"},"modified":"2013-12-13T16:52:50","modified_gmt":"2013-12-13T15:52:50","slug":"why-do-startups-die","status":"publish","type":"post","link":"https:\/\/aubertm.me\/index.php\/2013\/12\/13\/why-do-startups-die\/","title":{"rendered":"Why do startups die?"},"content":{"rendered":"<p>Failure #1: &#8220;I had the Next Big Thing&#8221;<br \/>\nAn idea has no value as such.<\/p>\n<p>Failure #2: &#8220;we were considered the leader&#8221;<br \/>\nNever overestimate the competition.<\/p>\n<p>Failure #3: &#8220;We thought, &#8216;We&#8217;ll attack this problem a few years before Microsoft and Oracle notice it and recognize it as a problem.'&#8221;<br \/>\nNever underestimate big companies resources.<\/p>\n<p>Failure #4: &#8220;We would\u2019ve spent another three months head down developing it, without a business model or any way to keep paying the rent&#8230;&#8221;<br \/>\nDeveloping without any conversion idea is worthless. No money, no future.<\/p>\n<p>Failure #5: &#8220;The business decision to focus on technology and avoid building a consumer application had a significant impact [on the eventual failure].&#8221;<br \/>\nTechnology has no bank account.<\/p>\n<p>Failure #6: &#8220;My billion dollar idea was described as &#8220;tired&#8221; and &#8220;annoying'&#8221;<br \/>\nLong lasting fun is the best way to sell.<\/p>\n<p>Failure #7: &#8220;Issues with money, traction, team, and vision&#8221;<\/p>\n<p>Failure #9: They gave away a service for free, and ran out of cash to pay the bills<br \/>\nSeriously?<\/p>\n<p>Read more:\u00a0<a href=\"http:\/\/www.businessinsider.com\/33-startups-that-died-reveal-why-they-failed-2013-6?op=1#ixzz2aKvLdmQd\">http:\/\/www.businessinsider.com\/33-startups-that-died-reveal-why-they-failed-2013-6?op=1#ixzz2aKvLdmQd<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Failure #1: &#8220;I had the Next Big Thing&#8221; An idea has no value as such. Failure #2: &#8220;we were considered the leader&#8221; Never overestimate the competition. Failure #3: &#8220;We thought, &#8216;We&#8217;ll attack this problem a few years before Microsoft and Oracle notice it and recognize it as a problem.&#8217;&#8221; Never underestimate big companies resources. Failure [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[2,7],"tags":[9],"class_list":["post-1568","post","type-post","status-publish","format-standard","hentry","category-change-management","category-strategy","tag-en"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/aubertm.me\/index.php\/wp-json\/wp\/v2\/posts\/1568","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/aubertm.me\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/aubertm.me\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/aubertm.me\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/aubertm.me\/index.php\/wp-json\/wp\/v2\/comments?post=1568"}],"version-history":[{"count":0,"href":"https:\/\/aubertm.me\/index.php\/wp-json\/wp\/v2\/posts\/1568\/revisions"}],"wp:attachment":[{"href":"https:\/\/aubertm.me\/index.php\/wp-json\/wp\/v2\/media?parent=1568"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/aubertm.me\/index.php\/wp-json\/wp\/v2\/categories?post=1568"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/aubertm.me\/index.php\/wp-json\/wp\/v2\/tags?post=1568"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}