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The ones I find most true for the t-shirt business surprisingly aren't #1 or #2, but #3, #6 and #7.
#3 could translate to "I showed all my friends and they said they would buy my t-shirt". That does not equal market demand for your product.
#6 could be translated to "I put my designs up a month ago, but I haven't sold anything yet". I think this really should be the number 1 reason. There really should be MANY more posts in the T-Shirt Marketing forum
Unless we're all selling 100's of tees per month.
#3 could translate to "I showed all my friends and they said they would buy my t-shirt". That does not equal market demand for your product.
#6 could be translated to "I put my designs up a month ago, but I haven't sold anything yet". I think this really should be the number 1 reason. There really should be MANY more posts in the T-Shirt Marketing forum
(Source: Terry Collison Partner Blue Rock Capital VC's - © 1993 COPYRIGHT BY TERRY COLLISON)1. Inadequate planning of the business
2. Insufficient initial capital for start-up period and development stages due to inadequate planning
3. Mistaken estimate of market demand for product or service
4. Lack of management ability
5. Failure to select and use appropriate outside professional advisors
6. Inability to market product or services effectively
7. Over dependence on a single individual or on a predicted specific event
8. Failure to understand capital requirements of a growing business
9. Poor timing of expenditures due to poor planning
10. Expedient rather than reasoneddecision-making