Ask HN: Why Did Your Business Fail? We only hear about the successes, but I would like to know what took your business down. Why did it fail. Perhaps, by bringing this data together like accident investigation reports, we can find the common thread. |
Ask HN: Why Did Your Business Fail? We only hear about the successes, but I would like to know what took your business down. Why did it fail. Perhaps, by bringing this data together like accident investigation reports, we can find the common thread. |
Everything starts with 0, and everyone can learn.
I'd be happy to chat with you 1-1 and talk you through this.
The secret sauce formula is rarely heavily weighted towards general intelligence.
All the dumb things will kill your business way before you have to be the smartest guy in the room . And I think that’s probably true for most the super competitive businesses too.
If that is the case then every successful business person should be categorised as "unintelligent"! Most of the successful business people have failed in their first attempt.
> lack business acumen and do not have a good network.
This could be the real reason. And it can be built with little bit of effort.
On the cusp of creating another.