13 Reasons Why Hardware Startups Fail (and How to Make Sure Yours Doesn’t)
Article Technical Rating: 4 out of 10
Most of us have learned something from our mistakes, but have you ever learned from the mistakes of others? Studying the failures of others can actually ensure that you don’t make the same mistakes they did.
When it comes to new hardware startups, there are so many possible mistakes to be made. There’s a reason behind the cliché “Hardware is hard!”. You would be wise to study in detail how other hardware startups have gone wrong.
Over the years I’ve worked with a lot of hardware entrepreneurs, and I’ve been one myself. I’ve also spent considerable time reviewing “autopsy reports” for hardware startup failures.