Web3.0

Business Learning from Startups' Failures

2024/07/28 09:15 (Updated 2025/04/09 16:45)
Editors of Iolite
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スタートアップ企業の失敗例から学ぶビジネス

Top 3 Reasons for Startup Company Failure

New Business in Three Years? Is this a common industry fact? Do CEOs who can't provide concrete examples fail? Is everyone working without knowing what the goal is?”

Some companies, such as Meta, are withdrawing from the NFT business, while others, such as Lunar Embassy in the U.S., have established a “dream business” that has already generated sales of 1.1 billion yen with more than 6 million people worldwide by selling “moon land.

Why is this difference created?

Small and medium-sized business owners move to “cost cutting,” “personnel reduction,” and “new business” when their company's performance deteriorates.

When we checked, we found that many small and medium-sized companies do not have a website, and we heard that some companies, especially those whose business performance slumped during the Corona disaster, made a renewed effort to “go digital,” and the first and foremost of these efforts was “website production.

As if to prove the high demand, we often saw homepage production companies such as “Peraichi” advertising their services in prime time TV commercials.

But is a website necessary for the company in the first place? If so, does it have the “necessary functions”? Perhaps the management does not think that far ahead. After six months or a year has passed, they probably think, “Well, no one visits our website,” and think of it as nothing more than an extension of their business card.

In May 2023, interest payments on the “Zero Zero Loan,” as it is commonly called, will begin. For companies whose business conditions are still deteriorating due to the effects of the new coronavirus infection, failure to successfully use the loan proceeds for corporate growth will be quite painful.

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MAGAZINE
Iolite Vol.14

Iolite Vol.14

July 2025 issueReleased on 2025/05/30

Interview Iolite FACE vol.14 Charles Hoskinson, founder and CEO of Cardano/Input Output Global PHOTO & INTERVIEW Mariko Mabuchi Special feature: "Considerations on cryptocurrency-related policies in Japan and the US", "Blockchain guide from Japan", "Huge position liquidation occurs at Hyperliquid! A new, unanticipated crisis in decentralized finance", "Sakana AI, a generative AI startup from Japan that is attracting a lot of attention", "Prepare for a recession: correlation between finance and anomalies" Crypto Journey: "Web 3.0 from the perspective of the 'King of Debate'" Interview with Hiroyuki Special series: Virtual Nishi: "Cryptocurrency market trends and key points for interpreting them" Series: Tech and Future Toshinao Sasaki, etc.

MAGAZINE

Iolite Vol.14

July 2025 issueReleased on 2025/05/30
Interview Iolite FACE vol.14 Charles Hoskinson, founder and CEO of Cardano/Input Output Global PHOTO & INTERVIEW Mariko Mabuchi Special feature: "Considerations on cryptocurrency-related policies in Japan and the US", "Blockchain guide from Japan", "Huge position liquidation occurs at Hyperliquid! A new, unanticipated crisis in decentralized finance", "Sakana AI, a generative AI startup from Japan that is attracting a lot of attention", "Prepare for a recession: correlation between finance and anomalies" Crypto Journey: "Web 3.0 from the perspective of the 'King of Debate'" Interview with Hiroyuki Special series: Virtual Nishi: "Cryptocurrency market trends and key points for interpreting them" Series: Tech and Future Toshinao Sasaki, etc.