Learn more about entrepreneurship with this collection
How to create customer-centric strategies
The importance of empathy in customer success
The impact of customer success on business growth
The Three Biggest Reasons Why SAAS Startups Fail
SAAS is a means by which applications are delivered over the internet, saving you from the burden of installation, management and continuous updates that comes with the traditional purchase and use of a software or application.
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MORE IDEAS ON THIS
‘HubSpot could be profitable if we wanted to, our current revenue run rate is in excess of $20 million. We just believe that there are tens or hundreds of thousands of businesses that we can help transform with better marketing (beyond the 3,000+ that use our product today). We want to continue t...
HUBSPOT FORMER CMO MIKE VOLPE
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1. Lack of market
Loving a business idea is not enough to make it successful and a lot of SAAS startups have had to experience the heartbreak that comes with this lesson. CBI insights report that about 42% of cloud startups stop operations due to this cause. I call it the passion trap and to avoid falling into it,...
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2. Poor Management team
Visionary managers understand that for a startup to thrive, it must focus on value creation before profits.
Today’s profit-motivated entrepreneurs find it easy to gather a team of freelance developers on Upwork or Fiverr to make their product but once the product is past its concept stage t...
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3. Product Problems
Shopify remains the leading platform for drop-shipping and e-commerce hosting for entrepreneurs because it does what it says, fast and easy. Competitors who have sprouted over the years have failed because they were unable to replicate this convenience and simplicity in their products, leading to...
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CURATED FROM
IDEAS CURATED BY
Writer, artist, Accountant and a forever learner. Learning, loving, Hoping.
These ideas contain valuable advise for small business and tech startups.
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Why Do startups fail ??
According to Eric Ries, there are two main reasons for startup failures:
- Traditional management methods do not work for a highly uncertain startup
- The second reason may seem completely opposite to the first one
- seeing that traditiona...
Types Of Cloud Computing: Public Cloud
Public cloud is a type of cloud computing in which a cloud service provider makes computing resources—anything from SaaS applications, to individual virtual machines (VMs), to
Why is WSGI necessary?
A traditional web server does not understand or have any way to run Python applications.
Therefore the Python community came up with WSGI as a standard interface that modules and containers could implement. WSGI is now the accepted approach for running Python web applications.
As sho...
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