For you to have a successful business, you must have had at least seven failed businesses you started .
As a result, businesses must undergo this crucial stage so as to survive for the future.
They say that if you see a businessman with more than seven enterprises, it means that he or she must have started at least 63 businesses for the rest to survive.
Here are 9 mistakes we can avoid so as Kenyan startups can survive through and see light at the end of the tunnel.
- Avoiding bad location of the business set up
- Single founder businesses are likely to crush
- Raising too little or not enough capital for the project
- Bringing on board bad employees
- Not putting in enough effort
- Bad planning or structure
- Wrong audience targeting
- Choosing the wrong platform
- Poor Internal management
- Lack of creativity aimed at problem solving
