80% of new startups fail within the first 18 months, and of the remaining 20%, 95% cease to exist after three years, demonstrating high entrepreneurship failure rates. Common reasons for failure include being survival driven rather than opportunity driven, having low business IQ, a lack of focus, fear of failure, shortsightedness, poor money management, and insecurity. Issues regarding failure stem from psychological, political, personal, motivational, and cognitive factors. Entrepreneurs can address problems by learning from mistakes and not dwelling on failure, listening to customers, conducting research, outsourcing tasks and using technology effectively, and finding niches among competitors.

1. ENTREPRENEURSHIP FAILURE
Presented by
Simran Kaur
MBA 2nd year
IGICM

2. Contents
• Concept of Entrepreneurship Failure
• Reasons of Failure
• Issues regarding Failure
• Steps to solve problems

3. Concept of Entrepreneurship Failure
• A recent global survey showed that 80% of new startups
disappear before the first 18 months, and of the remaining
20%, 95% cease to exist after three years.
• Failure is what we say “experiment going wrong”.
• It is an attitude of sitting back, feeling dejected, and pitying
yourself.

4. Reasons of Failure
• Survival Driven
• Low Business IQ
• Lack of focus
• Fear of failure
• Shortsightedness
• Poor Money Management
• Insecurity

5. Issues regarding Failure
• Psychological issues
• Political issues
• Personological orientation
• Motivational approach
• Cognitive judgement

6. Steps to solve problems
• Learn and move on.
• Listen to the market.
• Research.
• Outsource and effective technology.
• Find niche among competitors.

7. THANK YOU!!!