Despite the rosy picture and runaway successes painted by the startup scene, the fact remains – up to 90% of all startups fail. That’s right, nine in 10 startups don’t make it. Two-thirds of them fail within the first five years, and only one makes it to profitability and success.
But why do startups fail? There are many reasons.
Award-winning collaboration and work management software Wrike has put together an infographic listing out the top 10 reasons why most startups don’t make it to the finish line.
[Infographic brought to you by Wrike software for agile project management]