India is a country where people are having lots of new ideas and the youth is always ready to take the risk to implement those ideas and make them as a successful business. Each year thousands of new start-ups get registered in India by entrepreneurs to implement their ideas and build a successful company. But when we see the success ratio of this start-up, it is a bit shocking that only 4% companies out of all these start-ups are able to survive up to 4 years or more. Rest of the 96% companies are either closed before 4 years or are taken over by other companies. This is something interesting and if upcoming start-ups can overcome this 4 basic challenges then for sure they can build million dollar company. There are 4 basic issues with each start-up which is failing to survive in the market...
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December 2021
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