Looking at the data from CB Insights, the top three reasons startups can fail include: no market need, running out of cash, and not having the right team. No market need is an obvious one; if you don’t even have consumers interested in or demanding whatever it is that you’re providing, then why did you bother with creating your company? Running out of cash can happen to anyone, but it takes skill to accurately predict your cash flow and spending – a skill that even the most brilliant minds in startups lack; even if your startup has gotten some funding, sometimes all it takes is a blink of an eye before that all disappears. What stands out the most is not having the right team. Even if you’ve got a great idea or product, it’s important to recognize that startup success is dependent on the people who are helping to build that product and business. Check out all top 20 reasons for startup failure:
