What percentage does YCombinator take from startups
How many startups fail
Experts say that only one in ten startups is really successful. More than 80 percent of all startups fail within three years, some figures also assume 90 percent and more. According to the German Start-Up Monitor, a third of German startup founders have previously hired a startup.
76 percent of the startups take place in teams, according to a study by the German Startup Monitor. As part of their collaboration with several hundred start-ups, the renowned US start-up center Y Combinator analyzed that only one out of 10 successful start-ups consists of just one founder. Most successful start-ups consist of at least two or more founders, so the failure rate of startups with only one founder is higher.
Why startups fail
In 2016, the data service CB Insights published an analysis of the 20 most common reasons why start-ups fail. On average, the startups examined by CB Insights ended 20 months after the last financing round. The mean value of the money invested in the failed firms was $ 1.3 million.
According to CB Insights, the three main reasons are:
1. Lack of demand
2. Problems in the team
3. Little cash
Problems in the team seem to play a central role. "70 percent of all start-ups that fail fail because of a problem with the team," says the head of the Berlin Start-up Academy, Christoph Räthke. A study by the RKW Competence Center in 2016 confirmed this statement and showed that over 60 percent of startups fail because of problems in the team. Michael Brandkamp, managing director of the High-Tech-Gründerfonds, said in an interview with gruenderszene.de: “50 percent of all failed start-ups fail because the team doesn't fit together”.
Founder coaching and advising startups therefore not only play a central role for the individual founders, but also vehemently for the company's success. Likewise, the analysis of start-up potentials and the compilation of suitable teams is increasingly gaining acceptance among start-up entrepreneurs and venture capital investors.
From my many years of consulting practice, I have determined 5 key factors that often cause founders and self-employed people to fail:
1st point in time: The business idea is too early or too late.
2. Relevance: The business idea is not relevant from the target group's point of view.
3rd prize: The offer is too expensive.
4. Benefit: The offer is without clear benefits and fuzzy positioning.
5. Start-up potential: The founding took place apart from the respective founder and team potential.
This is one of the reasons I wrote a specific guide for founders and the self-employed. This guide takes entrepreneurs and self-employed people by the hand and guides them step-by-step from the idea to customer acquisition. "Successful in self-employment" is a self-coaching tool for founders and self-employed people based on years of experience as a successful founder and founder coach. The guide contains numerous templates, addresses, tips and information. More information is available at:
A motive analysis according to Prof. Steven Reiss is also ideal. On the basis of the Reiss Motivation Profile Analysis, founders and self-employed people can see what and whom they need to work successfully and how they work together successfully as a team.
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