Cool Infographics and Data Visualizations

Why Startups Fail [infographic]

Posted by Good Infographics | Posted on Monday, June 18, 2012 | Posted in ,

Building a successful business is every entrepreneur's goal - but only 1 in 12 succeed. Why do startups fail? The Startup Genome project analyzed data from 3,200 companies and came up with some answers. At the core of any successful business are two things: a good product and a large market for that product. In other words, a startup should be able to scale. And to scale properly, it must balance the growth of five core dimensions: customers, product, team, business model, and funding. The dominant reason for failure: premature scaling of one or more of those dimensions. View the infographic for more!

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Via visual.ly

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