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Top Reasons that Startups Fail

http://www.chubbybrain.com/blog/top-reasons-startups-fail-analyzing-startup-failure-post-mortem/

#1 – Being inflexible and not actively seeking or using customer feedback

#2 – Building a solution looking for a problem, i.e., not targeting a “market need”

#3 – Not the right team

#4 – Poor Marketing

#5 – Ran out of cash

#6 – I got this product.  Now I just need a business model.

#7 – Release product at the wrong time

#8 – Lack Passion and Domain Expertise

#9 – Do not cut your losses a la Pivot at the right time

#10 – A “User Un-Friendly” Product

#11 – Pricing Issues

#12 – Do not use your connections

#13 – Disharmony with Investors/Co-founders

#14 – Lose Focus – Distracted by Shiny Objects

#15 – Burn Out

#16 – Get outcompeted

#17 – Be unable to Attract Investors

#18 – Location, Location, Location

#19 – Not working on it full time

#20 – Start the company at the wrong time