If there is no clarity in startup, then approximately 90% startups fail every year. It is not a new thing that the startups that fail every year always want to do something different by bringing something new. But they can't, there is a big reason for this, that if you bring something new, you will hardly have a good mentor. If I say you only have a draft business plan, draft is because you start on the basis of incomplete research as well as without any additional choices.
If you have a perfect business plan or if you have your best working team then you definitely go for it. But not only business plan or your hard working team is enough for your startup.
There is some types of Startup (Accor. In consultancy Research) :
1) Startups which able to compete:
Some startup can be a hardly compete with another market startup or business as well as every startup need to compete with their business related industry.
2) startups which acquiring something new in their business/ startup:
Some startup try to bring something new in their business after some time if they be a successful to maintain their market in industry, so no doubt this Startup are being a one of the next unicorn startups.
These are two types, where investor, venture capitalists or other financial firms or organisation analyst the startup according to their day to day business activities.
One of the startup concept :
There are some startups that enter the industry with a completely failed business model, but if they create need in the market, we appreciate, and such startups are more attracted for those Investors who want to invest in such startups, which are not there now but are capable of giving higher returns in future.
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