​For those of you who’ve own a failed business, what was the top reason for its failure?

I’ve been thinking about survivor fallacy lately. I hope it’s not too sensitive of a topic, but I wanted to ask, to anyone who has endured the collapse their business:

  1. Given the benefit of hindsight, if you could narrow it down to just 1 or 2 reasons, what would you say caused the business to fail?

  2. Do you think you would have answered the same if someone had asked you right after it failed?

submitted by /u/jrb9249
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