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Do startups fail more because of poor ideas or poor management?

Postby kat82 » 18 Sep 2025, 05:08

Some say new businesses collapse because the idea is weak, others blame leadership. What do you think causes more failure?
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Re: Do startups fail more because of poor ideas or poor management?

Postby arunima » 18 Sep 2025, 07:37

It can be either of the two and in some cases a combination of two together..Idea is a must for any business and it's the core of any business. Some businessman can make a very simple idea turn into a very profitable business with their planning and execution..while we have other cases where despite having a good profitable idea, businesses fail due to improper planning and execution.
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Re: Do startups fail more because of poor ideas or poor management?

Postby Decentlady » 18 Sep 2025, 19:40

Several factors may contribute to a successful business, along with good idea and good management, sustainable source of finances is also a critical factor in order for a start-up to be a long term business. Foreseeing possible obstacles and preplanning their plausible managements also help in running a business smoothly. There should always be a plan B ready in case, things don't go the way initially planned.
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Re: Do startups fail more because of poor ideas or poor management?

Postby cmoneyspinner » 19 Sep 2025, 02:25

IMHO, it's usually poor management, especially financial management.
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Re: Do startups fail more because of poor ideas or poor management?

Postby kat82 » 19 Sep 2025, 05:04

cmoneyspinner wrote:IMHO, it's usually poor management, especially financial management.
:cry: Bad financial habits can ruin the businesses to the drain. Good management on the other side can help it prosper.

--- 19 Sep 2025, 08:05 ---

Decentlady wrote:Several factors may contribute to a successful business, along with good idea and good management, sustainable source of finances is also a critical factor in order for a start-up to be a long term business. Foreseeing possible obstacles and preplanning their plausible managements also help in running a business smoothly. There should always be a plan B ready in case, things don't go the way initially planned.
Indeed they are several factors with a combination of many of them working together either to collapse or take the business to the next level.

--- 19 Sep 2025, 08:06 ---

arunima wrote:It can be either of the two and in some cases a combination of two together..Idea is a must for any business and it's the core of any business. Some businessman can make a very simple idea turn into a very profitable business with their planning and execution..while we have other cases where despite having a good profitable idea, businesses fail due to improper planning and execution.
True, either of the above can be a reason.
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Re: Do startups fail more because of poor ideas or poor management?

Postby eldavis » 19 Sep 2025, 14:30

Majority of the startups out there today tend to fail due to poor management.
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Re: Do startups fail more because of poor ideas or poor management?

Postby kat82 » 21 Sep 2025, 07:01

eldavis wrote:Majority of the startups out there today tend to fail due to poor management.
Management looks to be key to business success. But also a bad idea can take you down to the drain.
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Re: Do startups fail more because of poor ideas or poor management?

Postby cmoneyspinner » 23 Sep 2025, 01:46

There's a Korean drama titled "Start-Up". If you want to learn about the business of start-ups, it's very educational, as well as entertaining.

There are two K-dramas. One was released in 2019 and the other in 2020.
I'm talking about the one in 2020 on Netflix.
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Re: Do startups fail more because of poor ideas or poor management?

Postby kat82 » 23 Sep 2025, 10:04

cmoneyspinner wrote:Start-Up
I think I need to watch that movie and see how start ups do it.
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Re: Do startups fail more because of poor ideas or poor management?

Postby germainebull » 23 Sep 2025, 10:53

In my experience, a weak idea can easily be forgotten. But the biggest problem is often leadership and commitment. The person who should be the CEO, among others. Lack of planning, lack of direction, and rushing into everything at once are the poison. The beginning is always difficult, but it is the key to success.
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Re: Do startups fail more because of poor ideas or poor management?

Postby kat82 » 24 Sep 2025, 04:06

germainebull wrote:In my experience, a weak idea can easily be forgotten. But the biggest problem is often leadership and commitment. The person who should be the CEO, among others. Lack of planning, lack of direction, and rushing into everything at once are the poison. The beginning is always difficult, but it is the key to success.
That is why companies change slogans and products to better ones. A weak idea like yh said can be made strong if the leaders are committed and determined.
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Re: Do startups fail more because of poor ideas or poor management?

Postby cmoneyspinner » 25 Sep 2025, 20:03

germainebull wrote: The beginning is always difficult, but it is the key to success.


I get it. If you're going to build a house, you must first count up the cost.

Poor planning can destroy the best of ideas.

That's why (I think), if you don't have the wherewithal to make your idea or dream come to fruition, then ... try to sell it to somebody who can.

The man who invented moving pictures is not the man who turned it into a successful enterprise. He sold it to another man, but that man kept the original owner's name (Fox).

I can't remember which fast food restaurant, but the person who came up with the milkshake and burger is not the person who turned McDonald's or Burger King into successful franchise operations.

Sometimes, a start-up is not the way to go. YOU DO YOU! Know what I mean? :D
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