Struggling startups - Issues
1. Lack of good ideas and failure to innovate
2. Lack of a good business model and right business selection
3. Lack of proper domestic and international markets
4. Untested market conditions
5. Lack of customer focus
6. Complex realities of retail customer acquisition
7. Lack of right value propositions
8. Many businesses are not value driven
9. Relentless competition due to lack of unique value propositions
10. Lack of standardization to comply with international norms
11. Flooding of cheap substitutes
12. Lack of patented products for differentiation
13. Intense competition from incumbent companies
14. Lack of awareness of the routes to markets
15. Lack of knowledge on how to reach out to prospective customers
16. Lack of interest in discussing openly with potential partners
17. Poor networking possibilities
18. Conflict among partners leading to distrust and winding up of the business
19. Failure to associate with trustworthy business associates and build reputation
20. Constant bullying by the suppliers and customers
21. Constant interference from equity/share holders
22. Lack of encouragement from various Government departments
23. Constant interference from various government departments and regulators
24. Too much or too little of product focus
25. Improper product and technology selection
26. Failure to design small, continual and repeated experiments
27. Liability of newness and not being prepared for existing legacy systems
28. Not prepared for existing warranty clauses that keep out competition
29. Long production cycles for some products
30. Poor capacity utilization of plant and machinery
31. Poor quality of products
32. Huge time and efforts required for legal and regulatory compliances
33. Need to have an understanding of "how things can be done” instead of "why things fail"
34. Not knowing the right time to enter the markets
35. No checks and controls in the business processes
36. Lack of customer awareness due to improper marketing strategy
37. Lack of financial discipline
38. Bad working capital management
39. Poor cash flow management
40. Stringent disclosure norms
41. Not finding a sustainable market, cost structure, raw materials and operating costs
42. Hostile tax regime
43. High interest costs in debt servicing
44. High fixed costs
45. Lack of finding a suitable low cost structure to penetrate market better
46. High costumer acquisition costs, often due to inappropriate marketing
47. Lack of knowledge and experience in business management
48. Lack of discipline, management acumen and talent
49. Lack of proactive, qualified and flexible talent pool ready to adopt change
50. Difficulties in hiring right employees with right mindset
51. Improper time management and delegation of tasks
52. General lack of funding
53. Lack of resources for advertising the product
54. Lack of support from family and relatives
55. Lack of proper supervision and interaction by the investors
56. Not understanding the ideas of the founders by the team
57. Poor teamwork
58. Inefficient production process or lack of access to efficient production technology
59. Lack of finding diverse revenue streams
60. General negativity with constant advises to quit and join a job for a regular pay check more