{"id":2530,"date":"2014-07-09T09:22:38","date_gmt":"2014-07-09T02:22:38","guid":{"rendered":"http:\/\/yup.edu.vn\/?p=2530"},"modified":"2026-10-01T01:16:26","modified_gmt":"2026-09-30T18:16:26","slug":"ly-nao-cac-start-lai-bai","status":"publish","type":"post","link":"https:\/\/yup.edu.vn\/en\/ly-nao-cac-start-lai-bai\/","title":{"rendered":"Why do startups fail\u2026!"},"content":{"rendered":"<div id=\"summary\"><span style=\"font-size: medium;\"><em><strong>Lack of focus and excessive ambition\u2026 are mistakes many startups make today!<\/strong><\/em><\/span><\/div>\n<div id=\"body\">\n<p><strong><img decoding=\"async\" src=\"http:\/\/static.ngankeo.vn\/full\/2014\/1\/9\/nhung-ly-do-khien-startups-that-bai-def6647cd789958726c6e6dc304a31c1b7d0ad42.jpg\" alt=\"\" \/><\/strong><\/p>\n<p>Kai-fu Lee is the founder and CEO of investment fund Innovation Works and was also formerly Vice President of\u00a0<a href=\"http:\/\/pandora.vn\/tag\/microsoft\" target=\"_blank\">Microsoft<\/a>\u00a0and Google in China, offered the following advice for startups to minimize the risk of failure in their early development:<\/p>\n<p><strong>Lack of focus:<\/strong>\u00a0A smart person makes use of every new idea, but a strong startup should focus on just one direction.<\/p>\n<p><strong>Overly ambitious:<\/strong>\u00a0Do not set too many objectives or force yourself to solve many market problems. Focus on a single user segment and find a highly competitive solution suited to it. After succeeding with this small customer group, consider expanding to a larger group and adapting the product to the new audience. This is how to apply Lean Startup.<\/p>\n<p><strong>Too many employees:<\/strong>\u00a0Managing a team of 3 and managing a workforce of 100 are very different things. Adding employees and expanding a startup require a leader with strong management experience and skills.<\/p>\n<p><strong>Trust Within the Team:<\/strong>\u00a0Investment funds prefer forming teams from employees who already know one another. In their view, a team lacking mutual trust will face major obstacles, from staffing to the fair allocation of tasks and responsibilities.<\/p>\n<p><strong>Poor performance:<\/strong>\u00a0In a \u201cLean Startup\u201d environment, people often tend to copy their predecessors' success. To succeed, you must be independent and perceptive: for example, if your product does not change daily, it must change weekly. Leadership is not merely about words or relying on a founder's title; it means being ready to act and lead the way.<\/p>\n<p><strong>Technology is the destination:<\/strong>\u00a0This has clearly been proven untrue. Successful businesses demonstrate the importance of value to customers, rather than technology, whether new or old. Investment funds always favor products that offer solutions rather than technology alone.<\/p>\n<\/div>\n<div id=\"source-info\">Source: VentureBeat\/Action<\/div>\n<p data-seo=\"yup-program-link-20261001\"><strong>Ch\u01b0\u01a1ng tr\u00ecnh li\u00ean quan t\u1ea1i YUP Education:<\/strong> <a href=\"https:\/\/yup.edu.vn\/en\/x1\/\">X-Startup \u2013 kh\u00f3a h\u1ecdc kh\u1edfi nghi\u1ec7p \u00abKh\u1edfi Ch\u00e1nh Nghi\u1ec7p\u00bb<\/a> \u00b7 <a href=\"https:\/\/yup.edu.vn\/en\/journey\/\">The Journey \u2013 l\u1ed9 tr\u00ecnh ph\u00e1t tri\u1ec3n doanh nh\u00e2n<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Thi\u1ebfu t\u1eadp trung, qu\u00e1 tham v\u1ecdng&#8230;l\u00e0 nh\u1eefng sai l\u1ea7m c\u1ee7a nhi\u1ec1u startup hi\u1ec7n nay! \u00d4ng Kai-fu Lee l\u00e0 nh\u00e0 s\u00e1ng l\u1eadp ki\u00eam CEO c\u1ee7a Qu\u1ef9 \u0111\u1ea7u t\u01b0 Innovation Works v\u00e0 \u00f4ng c\u0169ng t\u1eebng l\u00e0 ph\u00f3 ch\u1ee7 t\u1ecbch c\u1ee7a\u00a0Microsoft\u00a0v\u00e0 Google t\u1ea1i Trung Qu\u1ed1c, \u0111\u00e3 \u0111\u01b0a ra nh\u1eefng\u00a0l\u1eddi khuy\u00ean d\u00e0nh cho c\u00e1c startup \u0111\u1ec3 gi\u1ea3m thi\u1ec3u nh\u1eefng [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":2531,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[134,16],"tags":[],"class_list":["post-2530","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-article","category-bao-chi"],"_links":{"self":[{"href":"https:\/\/yup.edu.vn\/en\/wp-json\/wp\/v2\/posts\/2530","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/yup.edu.vn\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/yup.edu.vn\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/yup.edu.vn\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/yup.edu.vn\/en\/wp-json\/wp\/v2\/comments?post=2530"}],"version-history":[{"count":4,"href":"https:\/\/yup.edu.vn\/en\/wp-json\/wp\/v2\/posts\/2530\/revisions"}],"predecessor-version":[{"id":17927,"href":"https:\/\/yup.edu.vn\/en\/wp-json\/wp\/v2\/posts\/2530\/revisions\/17927"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/yup.edu.vn\/en\/wp-json\/wp\/v2\/media\/2531"}],"wp:attachment":[{"href":"https:\/\/yup.edu.vn\/en\/wp-json\/wp\/v2\/media?parent=2530"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/yup.edu.vn\/en\/wp-json\/wp\/v2\/categories?post=2530"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/yup.edu.vn\/en\/wp-json\/wp\/v2\/tags?post=2530"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}