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Top 10 Reasons Why Web Start-ups Fail eBC’s ‘Look Before you Leap’ Guide to eBusiness


Top 10 Reasons Why Web
Start-ups Fail
eBC’s ‘Look Before you Leap’
Guide to eBusiness
 
 
 
 
 
 
10 Marginal Niche
Web Start-ups fail by choosing a small, obscure niche in the hope of avoiding
competition. If you make anything good, you're going to have competitors, so you may
as well face that. You can only avoid competition by avoiding good ideas.
 
9 Copying Success
Web Startups fail by trying to duplicate a great idea. If it's been done once then chances
are others have tried, and failed. There can only be one amazon.com or ebay.com.
Come up with your own unique and fresh concept.
 
8 Inflexibility
Your business plan should be an organic document that can adapt to change. Web
Start-ups fail because they refuse to deviate from the plan. Listen to others, get advice
and keep your eyes open; adaptation is the mark of a successful business.
 
7 Getting the Wrong Help
Good people demand good wages. Hiring the cheapest person is a recipe for Web
Startup failure. Old sayings become old because they are true, the best example being
"you get what you pay for".
 
6 Listening to an ... more

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