As we all are noticing that with passing time, the urge of financial freedom among the people is rising globally. So, those with minimal paycheck are inclining towards Stock Market and people with average paycheck wants to pursue the freedom through Start-up, becoming an enterpreneur, which is a good thing.
The start-ups emerging per year are more than a million, and 90% of them face failure in the early stages.
Discussion leading to conclusion, about why a start-up fail, below reasons come into light:-
Weak Business Models
Poor Planning
Faulty customer insights or lack of original ideas
Break in Capital chain
Lacking skills or Handling single handed
Incompetency in finding and reaching the agreement with the investors
As for now, These reasons are the major issues for Start-up failure as well as for Entrepreneur who are steady and stable.
The community that is inclining towards Stock Market also suffer from losses as they lack experience and proper knowledge, so they need guidance and mentors to escape from the diring situations while investing. There are many young and successful investors who are capable for investing in Start-ups but they are not well-known like those who are like celebrity in this field, And the Capital Investment Firms play so safe while dealing with the Start-ups, if it make profit they would be having a huge percentage of profit but if they deal with losses then these firms not only disrupt the capital chain but also file lawsuit against it.
-Since we all are at home, it was difficult for us to manage and collaborate with each other.
-Integrating Database with the frontend
-Learning different technologies
-Signup and Login feature
-Major challenge for us was to get some insights of the technology and to learn and implement in just 2 days.
Discussion