[kat82]

Some say new businesses collapse because the idea is weak, others blame leadership. What do you think causes more failure?

[arunima]

It can be either of the two and in some cases a combination of two together..Idea is a must for any business and it's the core of any business. Some businessman can make a very simple idea turn into a very profitable business with their planning and execution..while we have other cases where despite having a good profitable idea, businesses fail due to improper planning and execution.

[Decentlady]

Several factors may contribute to a successful business, along with good idea and good management, sustainable source of finances is also a critical factor in order for a start-up to be a long term business. Foreseeing possible obstacles and preplanning their plausible managements also help in running a business smoothly. There should always be a plan B ready in case, things don't go the way initially planned.

[cmoneyspinner]

IMHO, it's usually poor management, especially financial management.

[kat82]

IMHO, it's usually poor management, especially financial management.

Bad financial habits can ruin the businesses to the drain. Good management on the other side can help it prosper.

--- 19 Sep 2025, 08:05 ---

Several factors may contribute to a successful business, along with good idea and good management, sustainable source of finances is also a critical factor in order for a start-up to be a long term business. Foreseeing possible obstacles and preplanning their plausible managements also help in running a business smoothly. There should always be a plan B ready in case, things don't go the way initially planned.

Indeed they are several factors with a combination of many of them working together either to collapse or take the business to the next level.

--- 19 Sep 2025, 08:06 ---

It can be either of the two and in some cases a combination of two together..Idea is a must for any business and it's the core of any business. Some businessman can make a very simple idea turn into a very profitable business with their planning and execution..while we have other cases where despite having a good profitable idea, businesses fail due to improper planning and execution.

True, either of the above can be a reason.