Phantom CTO » startup http://phantomcto.com/blog Strategic Technology Leadership for Small Business Growth Mon, 16 Nov 2009 15:57:57 +0000 http://wordpress.org/?v=2.9.2 en hourly 1 5 Reasons Your Start Up Will Fail http://phantomcto.com/blog/business-growth/start-up-fail/ http://phantomcto.com/blog/business-growth/start-up-fail/#comments Tue, 06 Jan 2009 19:01:00 +0000 vanessa http://phantomcto.com/blog/?p=231 Here are five reasons why your start up is going to fail.  More like a guide by scars of many previous start ups and small businesses you can use to get a reality check of what not to do and prepare for it.

Start Up Failures

  1. You’re not the center of the world, no matter how great your idea, product or service is

  2. You’re not going to have enough cash on hand

  3. You’re going to be pushed to the edge of frustration

  4. You’ll be an emotional wreck

  5. You’ll be distracted by something else

Start Up Failure Signs

3 Things Not to Worry About Ruining Your Start Up

  • No one will steal your idea and make a fortune off you

  • No competition will wipe you out

  • No bad economy will shut you down

Flickr photo by: fireflythegreat

Leave a comment with what other failure signs have you come across in your new business or previous businesses.

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