The #1 Reason Why Startups Fail, According to Adeo Ressi
There are plenty of issues that contribute to the failure of startups, such as bad employees, not enough funds to sustain operations, and no clear business direction. However, all these issues stem from a bigger problem, which is a lack of passion and determination to succeed.
At the end of the day there is only one thing that kills a company, that is when the founder gives up.
Finding solutions to problems is what motivates an entrepreneur to see an idea blossom into a business. There is guaranteed to be challenges that come with the entrepreneurial journey, but overcoming them is what makes the journey so rewarding and enriching for entrepreneurs.