90% of startups fail.
Some of the 10% that don’t hit it big, and some become revolutionary businesses. But for every fortunate startup, a myriad of others fail.
According to Fortune.com, this is either due to a lack of market need (42%) or insufficient capital (29%), or because they simply had all the wrong people on board (23%).
When starting a new company, it’s vital for you to know you’re headed in the right direction immediately.