Some startups do not succeed because of a multitude of reasons such as flawed business model, lack of guidance, failure to implement concrete strategies, running out of cash, poor product, weak management, lack of access to startup consultants, etc. Proper guidance from startup consultants is extremely important to build a successful startup. Some startups fail to identify and develop a product by analyzing market dynamics. Most startups run out of money and hence should make use of government subsidies and bank loans by taking guidance from industry experts having the right knowledge on bank loans and subsidies. Startups should seek assistance from startup incubators and must undergo some training programs conducted by startup accelerators to understand the fundamentals of startups, market dynamics, industry trends, consumer behaviors, etc., and implement those while building a startup. Here are the top reasons for the failure of startups: