The document discusses various potential causes of setbacks for businesses in India, according to the author. Some key causes mentioned include failures in market research, developing an unrealistic business model, issues with the founding team or management team, problems retaining key employees, delays in product development or launching an imperfect product, high costs of scaling the business, and lack of family support. The author provides opinions and examples for entrepreneurs to consider to help avoid these common pitfalls.
1. In this presentation I have tried to share the various things that could cause a
setback in your business. I choose to use the word “setback” as it is a failure of
the process and not the business itself. Some of the things mentioned here could
be more relevant to India and the business environment here. Everything
mentioned in the presentation is my personal opinion, and I am no God, so if you
find something that you think is not true, write to me and help me correct myself.
- Harbinder Narula / mail@harbindernarula.com