7 Signs of failure of startups: Founder not fully committed

According to foreign http://www.aliyun.com/zixun/aggregation/31646.html "> media reports, Blackbox's latest report reveals 7 signs of Internet business failure. The following is a specific analysis:

1. Non-full-time work

If you decide to start a company, you have to put your heart and soul into it, knowing that creating something from scratch is hard. A part-time job is permissible, but it can significantly affect performance and potential.

Most of the time we've heard people say that spending half their energy on things, and so on, when they raise money, then do it full-time. The results show that such people are about 24 times times less likely to raise money than full time startups, and are struggling to keep growing users.

2. Single founder or founder of more than 4 persons

If you're ready to start your own business, the first challenge is to convince others to join your company, and that person needs to be firm in driving the company's success. If you can't convince at least one person to work with you, or if you think you can do everything, this is a sign that a company is unlikely to succeed. However, too much, too many people join is not good, the appropriate entrepreneurial partners for 2 to 3 people.

• A single founder is 50% less than a 2-3-person start-up partner. One reason is that during the financing period, the single founder was forced to distribute time to products, companies and fundraising.

• The single founder company has a 290% per cent increase in users of 2-3-person start-up partners.

• 42% per 20% of start-up companies that have reached a large average of the scale.

3. Non-technical partners

If there are no technical people in the start-up team, the company is unlikely to succeed. The entrepreneurial team should be at least 1/3 technical personnel, 50% is the ideal ratio.

Without a technology start-up partner, it means that the company is not responsible for the product. The founders can't read the code, and the company is not an employee or a consultant. As a result, such companies are growing at a slower rate than average, taking 7-8 months to scale.

4. Entrepreneurial team composition and company type wrong

Once you've found a team, you should be sure to grab a market and build a product for the entrepreneurial team.

According to user development and user access, Internet companies are different types of time, technology and funding requirements are different. Here are three different types of Internet companies:

5. Too much adjustment or adjustment

Find the ideal entrepreneurial team and fit the team strength of the products and markets, the next step is to let the dream into the reality of the determination, and how to be flexible to achieve. In the process, you will likely have to adjust some important aspects of your business. When real-world feedback proves that something is not working, you need to modify it, but changing it too frequently will leave you out of the center.

6. Do not listen to user feedback

Making adjustments to a product is always a decision made in the context of incomplete and extremely uncertain information. So taking the time to study user feedback will significantly increase the chances of making the right decision. The results showed that startup users who tracked data and listened to user feedback grew 400% higher.

7. Eager to scale

One of the most critical mistakes was the founders ' eagerness to push the market forward and scale up their own companies prematurely, without validating their market prospects and smoothing the process of customer access. If you can raise a lot of money and have great confidence, the result is usually a slow death, and if neither, the death rate will be fast.

(The article is transferred from TechWeb Business Report.) ）