Why Do Startups FAIL?

Sponsored Post by RHB – 30 October 2019

Startups are essential in providing innovation and disruption across the globe. Entrepreneurs work hard in bringing their ideas to fruition and presenting new products and services to consumers. But even with maximal effort, only a handful succeed in their venture. We analyze some of the most common risks and what precautions should business owners take in order to progress.

Building a successful business is never easy, and it is important for entrepreneurs to take time and carefully plan for various aspects, including connecting themselves with the right investors, proper execution of their business plans and solutions if they encounter any setups.

Ultimately, for startup founders and owners with experience, connections and a well-functioning team, the failure rate can be lower.

 

About RHB Bank
RHB Singapore was first established in 1961 through a series of rapid expansion and strategic mergers. For more than half a century in Singapore, RHB has garnered invaluable financial experience and transferred those insights of service excellence on to clients, helping individuals and corporations fulfil their financial goals. RHB Singapore’s core businesses are streamlined into nine pillars, namely Personal Financial Services and Wealth Management, Commercial Banking, Corporate Banking, Business Centres, Treasury, Structured Finance as well as Investment Banking, Brokerage and Asset Management businesses. The Group’s regional presence spans ten countries in ASEAN including Hong Kong. RHB Banking Group aspires to deliver superior customer experience and shareholder value; and to be recognised as a Leading Multinational Financial Services Group.

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