Startup companies and initiatives are often suggested to be the most ambitious and prosperous projects in the modern business setting. In turn, the vast majority of studies and reallife examples have proved that most startups fail, indicating the necessity to examine the frequency and causes of startup failures—especially considering business and management perspectives. At first, the study will be focused on the introduction to the most common obstacles towards the launch of successful startup projects, which will be further followed by a review of the most serious mistakes committed by startups.
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