Why Do Startup Fails?

Why Startup Fails?

Founders underestimate tasks and workload. Means more diverse and much greater work than being a journalist. Founders who presume that owning a company opens freedom for work up underestimate the effort involved. 

why startup fails?

Administration, marketing, audience development, engineering management, revenue model development activities are the founders responsibility. One entrepreneur interviewed a journalist complained: provide us publishing staff. We learned what publishers do and they provide journalists the support we need to us.

"What do you need to start a business? Three simple things: know your product better than anyone, know your customer & have a burning desire to succeed."-Dave Thomas, founder of Wendy's

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A few of those journalistic activities are required when high gains, growth or even an exit from the firm are not the objectives of their creators. Founders become caught up in role conflicts. 

Founders frequently do not raise enough money for news startups. Founders pull away from journalism. Financial and journalistic viewpoints come into battle. They attempt to transfer the business model of print publishers since some newcomers in Germany appear to be guided by the glory days of journalism.

In what follows, they confront the same challenges as media. To discover fresh sources of revenue, startups in Germany have been analyzing instruction, licensing and commissioning, eCommerce, consulting services, and community models.

Image source: spark post 

These are not disruptive business model inventions which might have been anticipated for partnerships in additional sectors that are online. Additionally, some of the new earnings streams have been only loosely related to journalism. 

Also Read: How to build a Successful Startup

Why, however, should journalism be produced in even a firm at all, if gains are earned in new business areas? Such a state of mind carries the risk that creators in a segment pivot progressively get rid of the labor intensive and pricey production of journalism. Founders don't think from a users perspective.

You just have to pay attention to what people need and what has not been done.-Russell Simmons, founder of Def Jam

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New journalistic startups in Germany are mainly started from a creator’s viewpoint that aims to move certain professional standards in digital media.

Founders largely conceptualize their companies from the point of view of a journalist. The interests, issues, and needs of potential users, and on the other hand, frequently play only a minor role.

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