Startups face lots of challenges, to be certain, and it’s estimated that as many as 7 in 10 startups ultimately fail over the span of a decade. According to Investopedia, a little over 21% of startups fail in the first year, followed by 30% in year two. By the fifth year, 50% have folded and by the decade mark, 70% of startups have closed their doors.
So how do you ensure that your business is among the 30% of startups that are still in business after ten years? Well, there are a number of mistakes that hold the potential to harm a startup. Let’s look at 7 mistakes that tech startups make and how you can avoid these pitfalls.
The reality is that ephemeral messaging has some very useful and legitimate business applications, making this functionality a good choice for inclusion in an enterprise messaging app. Organizations in a broad array of business sectors can benefit from an ephemeral messaging feature in their messenger app, whether it’s a component of a desktop platform or a companion mobile application.