Why startups fail and how to avoid this situation

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.