Why do many entrepreneurs don't succeed?

Why do many entrepreneurs don't succeed?
Do You Know Him?
He is Ritesh Agarwal, He is Founder of Indias Largest Hospitality Company OYO Rooms. He was Born In small-town of Odisha, From Young age, he was inspired by entrepreneurs and software. He taught himself coding at a very young age, in his free time he always used to read about startups. Suddenly he realizes the problem of finding budget hotels in India and came with Oravel (Which is now known as OYO Rooms.)
  • Ritesh was from a small town. (That means he was grown with the limited resource)
  • College Dropout from the very first day. (That means he is self-taught)
  • He was from a middle-class family. (That means he doesn’t have enough money for his startup)
  • Oyo Rooms is not an out of box startup, He just realizes the common problem and came with a solution.
Why do many entrepreneurs don't succeed?
  • Many Entrepreneurs don’t succeed because they focus on investment more than the product but Lean startup is still the best way of starting up. That’s why they don’t succeed.
  • Many Entrepreneurs just need a high profile degree so that they can show but still you don’t need the degree to start something. If you have an idea just build your startups. That’s why they don’t succeed.
  • Many entrepreneurs think they need to be from a rich background but a lot successful entrepreneurs come from a middle-class background. That’s why they don’t succeed.
  • Many People are waiting for revolutionary ideas to get started but if you see a lot startup is just simple with beautiful execution.

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