The Biggest Tech Start Up Crashes And Failures – Millions Of Dollars Burned
In BusinessIdeasLab we have been writing about some of the greatest and the most successful start ups in all times. But in the start up world things are not going always smoothly, contrariwise, the most of the new born companies actually end up in flames. Different statistics show that more than 45% of the start ups in the United States survive not more than 6 months. In the long run 3 out of 4 new businesses don’t make it at all…
So, to be objective, we consider that we are supposed to write not only about success, but also about failure. The latter could be even more beneficial in different cases and there is nothing bad about it. There is not a person, who is successful in everything he/she does. Winston Churchill has two pretty famous quotes on this matter:
Success consists of going from failure to failure without loss of enthusiasm.
Success is not final, failure is not fatal: it is the courage to continue that counts.
It only matters how you look on failures! They could be great sources of experience one can ever get. And here below is a cool infographic showing some of the biggest sources of experience (failures 🙂 ) ever:
The Biggest Start Up Failures
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