The document analyzes reasons for startup failure and factors for success by reviewing 58 failed French startups and surveying 108 entrepreneurs. It finds:
1. The top causes of failure were an unsuitable team for the project (39.7%), lack of time and involvement (37.9%), and lack of capital (31%). Competition was a minor cause of only 3.4% of failures.
2. Success factors centered around listening to customers, a skilled team, customer satisfaction, and adapting to trends rather than competition or innovation.
3. Cultural factors like administrative barriers and apathy/burnout featured more prominently in French failures compared to US startups. Entrepreneurs also saw competition as less
The document analyzes reasons for startup failure and factors for success by reviewing 58 failed French startups and surveying 108 entrepreneurs. It finds:
1. The top causes of failure were an unsuitable team for the project (39.7%), lack of time and involvement (37.9%), and lack of capital (31%). Competition was a minor cause of only 3.4% of failures.
2. Success factors centered around listening to customers, a skilled team, customer satisfaction, and adapting to trends rather than competition or innovation.
3. Cultural factors like administrative barriers and apathy/burnout featured more prominently in French failures compared to US startups. Entrepreneurs also saw competition as less