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Why do we have in the Arab world, the highest rate in the Startup Business Failure?

<p>Regards,</p> <p> </p> <p><strong>Hany Sewilam AbdelHamid</strong></p> <p>Head of Business Development</p> <p>Entrepreneurship Coach &amp; Consultant </p> <p> </p> <p>- http://www.sewilam.com</p> <p>- http://facebook.com /HanySewilam</p> <p>- http://twitter.com /HanySewilam</p> <p>- http://linkedin.com /HanySewilam</p>

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Question added by Hany Sewilam Abdel Hamid , Director of Sales and Marketing , Creative Sense
Date Posted: 2014/10/10
Fayaz Ahmad
by Fayaz Ahmad , Founder/Director , Snow Kashmir

Start Up Business Failure :-

I think the start up business failure should not be linked to Arabs only, it may fail anywhere in the world if the business is not conceived fundamentally strong like Definition of markets where the start up is going to serve with what products and how to serve with right strategies. Of course, there may be little ups and downs in businesses during the execution, but the start up should be ready with contingency plans with required finance in order to over come the obstacles in start up.

Deleted user
by Deleted user

because they don't want listen and..

1- They invent concepts, not complete products & service.

2- The market moves on them, or moves in an unexpected way.

3-They listen to bad advice from the wrong people,or they love to hear from  wrong people.

4- they don't want Change new Market

5- There are big gaps in the strategy.

as per my experience Lack of clear objectives.

 

 

Ali Jamal
by Ali Jamal , Percentage Sales Representative , Lahay International [ Event Management ]

Because they didn't accept new ideas

Mohammed  Ashraf
by Mohammed Ashraf , Director of International Business , Saqr Al-Khayala Group

Not only Arab world, all over the world there are success and failure for everything including Businesses and Life.

Several facts are there for failure and success too, it has to be reviewed carefully each and every business separately. In general,  Shortage enough fund, lack of proper business experience, lack of proper marketing strategies, lack of  experienced marketing, management, admin staff are some of the reasons for failure.  

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