3 Reasons Startups Fail and How They Can Do Better

It may seem counterintuitive, but Ilya Pozin explains why a laser focus on features is among the top reasons startups fail.

There are a few reasons why some startups succeed while others fail. Ilya Pozin speaks to the top three he’s seen:

Overbuilding: More features doesn’t automatically mean more clients.
Failure to market: Lead generation and understanding your target market is arguably more important than having better features than your competitors.
A focus on disruption: Build a product focused on behaviors people already do, rather than wholsale innovation.

Watch the video to find out more about how features alone won’t make your startup successful.

The Importance of Mentorship and Support for Entrepreneurs Today

It may seem counterintuitive, but Ilya Pozin explains why a laser focus on features is among the top reasons startups fail.

There are a few reasons why some startups succeed while others fail. Ilya Pozin speaks to the top three he’s seen:

Overbuilding: More features doesn’t automatically mean more clients.
Failure to market: Lead generation and understanding your target market is arguably more important than having better features than your competitors.
A focus on disruption: Build a product focused on behaviors people already do, rather than wholsale innovation.

Watch the video to find out more about how features alone won’t make your startup successful.