Cookies on the Business Insider India website

Business Insider India has updated its Privacy and Cookie policy. We use cookies to ensure that we give you the better experience on our website. If you continue without changing your settings, we\'ll assume that you are happy to receive all cookies on the Business Insider India website. However, you can change your cookie setting at any time by clicking on our Cookie Policy at any time. You can also see our Privacy Policy.

13 Valuable Lessons From Failed Startups

Rebecca BorisonJul 2, 2014, 21:24 IST

YouTube

There are a ton of startups trying to make it, and a lot of them just don't make the cut. In fact, 80% of new businesses fail within the first five years, according to a study by Inc. and the National Business Incubator Association.

Whether it's poor budgeting, lack of excitement, or bad management, startups fail all the time.

But a lot of the founders of these failed startups have really interesting advice to give after going through the challenges of making a startup work. We've rounded up some of the best lessons you can takeaway from failed startup founders.