Why Ventures Fail
Ventures fail for a variety of reasons. Some are due to market conditions, some are due to management decisions, and some are due to external factors.
TOP 10 FAILURE REASONS
The Top 10 reasons for faiure of ventures based on research, most relate to Product in the wider sense
42%
Shockingly, many organisations haven't even identified the market need for their product.
29%
23%
19%
18%
17%
17%
14%
14%
13%
Some ventures fail due to market conditions. The market is not ready for the product or service. The market is not ready for the product or service.
Some ventures fail due to management decisions. The management is not making the right decisions. The management is not making the right decisions.
Some ventures fail due to external factors. The external factors are not in the favour of the venture. The external factors are not in the favour of the venture.