This presentation was not to discourage a to-bo Entrepreneur, I was showing why generally a Startup fails, and how you could avoid those. I have share top reasons why Startup fails in Bangladesh, Top reason why it gets success, and what are reasons you should not start. This was presented in Chittagram, in May 3rd, 2019 at Uddogta Uthshob (its in Bangla word, English will be Entrepreneur Ceremony).

1. M Asif Rahman
Why & How
You Shouldn't Start A Startup!
উদ্যোক্তো উৎসব, চট্টগ্রোম

2. ❖ WordPress Enthusiast
❖ Angel Investor
❖ Serial Entrepreneur
M Asif Rahman

3. My Companies

4. My Investments

5. 15 Years With WordPress

6. I Retired Last Year, At Age 34!

7. Retiring Young From Bangladesh,
Thanks To WordPress

8. I’m Actively Investing in
Bangladeshi Startups Since 2012

9. Here are the things I have learned!

10. Top 5 Reasons
Why Startups Succeed
in Bangladesh

11. 1. People & Their Passions!

12. 2. Talented & Young Individuals

13. 3. Remarkable Mentors & Angels
With Real Experience

14. 4. Timely Investment & Good Cash Flow!

15. 5. Most Importantly Vibrant &
Ready-to-explore Nation

16. Top 8 Reasons
Why Startups Fail
In Bangladesh!

17. 1. Startup Fails Because of People!

18. 2. Lack of Proper Education

19. 3. Not Properly Understanding
The ‘Long Game’

20. 4. Keeping a second option,
not willing to bet all on the Startup!

21. 5. Not Being Honest &
Not Doing Accounting Properly!

22. 6. Unrealistic Expectation

23. 7. Lack of Local
Institutional Investment

24. 8. Manipulative part of
the ecosystem

25. Now Why & How You Should Not Start!

26. 1. You Want To Jump Start Your Career!
You have a girlfriend & she will get married
if you don’t earn enough!1
You have financial need that has to be
solved ASAP!2
You want to prove yourself!
3
You believe you’re destined to become
someone like Mark Zuckerberg or Elon
Musk, why waste time!
4

27. 2. You Have Got The Best
Idea In The World!

28. 3. You Are A Programmer,
You Believe You Could
Build Anything!

29. 4. Someone Encouraged
You By Saying
“Money Is Not An Issue,
He’ll Give You A Blank
Check!

30. 5. You have 3 best friends,
You’re together since
school,
So you feel you won’t
fail together!

31. 6. You Have To Take Loan Just To Test Your
Idea!

32. 7. The way you’re
planning,
You’ll need to raise money
continuously, but you
practically never did so!

33. 8. You Think You Will
Manage Everything, But
You Have Never Done Any
of This Before!

34. 9. You Are Building 10
Features, But You Are Not
Able To Earn From A Single
Feature in 6 Months

35. 10. You Are Neither Rich,
Not Very Well Connected,
But Your Idea Will Need
More Than 18-24 Months
To Reach Breakeven!

36. Ask Me Anything

37. <Thank You>
asif.im
@Asif2BD
My Autobiography(HeroPress): asif.im/hp