Episode 139: Why Startups Fail and How You Can Avoid That with Tom Eisenmann, Professor of Business Administration at Harvard Business School
Product Thinking
Reasons for Startup Failure: False Start and Bad Bedfellows
This chapter discusses two common reasons why startups fail: false start and bad bedfellows. False start refers to startups that are so far from the right starting point that even if they pivot, they may never succeed. Bad bedfellows refer to startups that have a good idea but struggle with execution due to dysfunctional resource providers.
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