It's not hard to see why startups fail. In the early days, when everything is new and exciting, it can be difficult to make money and keep your company afloat. And then there's the pressure to succeed - many entrepreneurs feel like they have to hit a homerun from the get-go or their business will be doomed. But even if you do manage to weather these early challenges, you're likely to face even greater ones down the road.
If you're running a startup, there's a good chance you're not making enough money to live on and are worried about the future of your business. You're probably not thinking about what you're going to do when it's all over. And if you are, you're probably not thinking about it very hard. When the company fails, many entrepreneurs expect to be fired and have no plan for what they will do next. In this case, you might have a plan to start your own business again, but it's unlikely that you have anything in place to keep yourself from failing in the future. But there are things you can do to protect yourself from failure and prevent it from happening in the first place.
