Beyond financial reasons, the following are some reasons why a deal may not be funded:
- Entrepreneur makes bad assumptions
- Entrepreneur avoids conflict too much; they’re unwilling to make difficult decisions and having difficult discussions when needed
- Entrepreneur is a bad listener
- Entrepreneur is slow and takes a while to implement
- Scattered entrepreneur who is working on too many things at once
- Entrepreneur is unreliable
- Entrepreneur is sloppy
- Impatient entrepreneur who may rush into bad deals
- First time entrepreneur hasn’t made mistakes
- Entrepreneur is too much of a high risk gambler
- Entrepreneur doesn’t do sufficient research/analysis before making decisions
- Entrepreneur does not put sufficient capital controls in their business
- Entrepreneur is too paranoid or not paranoid enough
- Entrepreneur doesn’t have a track record of success
- Entrepreneur gives up too easily
- Entrepreneur doesn’t follow up