Being aware of the early symptoms of startup failure is very important in defining how to be successful in the future.
People say ‘Startup is like jumping off the cliff and then building a parachute before you hit the ground’. In our case, we did jump off the cliff but didn’t bring the tools to build the parachute.
Here are four things to keep in mind to keep your spirit and motivation up after flop of your startup.
Nobody wants their start-up to end up as a failure.
There are so many risks to navigate, mistakes to avoid, and costs to meet.