 Despite the groundbreaking ideas, we often see startups going out of business and there could be many reasons behind it. Hi guys, this is Asha Sengal and here are 4 reasons why the startups fail. Without a good team, no matter how good your idea is, it can never be executed in the best way possible. A startup is a complete business which requires multiple hands to support. Just focusing on weaknesses is never an appropriate approach. One needs to maintain a balance in anticipating and calculating all the strengths, weaknesses, the potential opportunities and the threats that the startups can face. The right decisions should follow henceforth. A possible reason for the failure of any startups can be the inability to compete with the existing players. The same is saying that the first impression is the last impression is relevant even today. So comes the end need of offering something to the customers which overpowers the question of why switch? Unique selling proposition is something which every business has. Now this calls for more unique features or services that you have to offer your customers or potential customers that so that you can create a thought in their mind for considering you as an option. Have a wonderful day ahead.