View Photos of the 1988 Lotus Esprit Turbo
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Despite a modest-by-today's-measure 215 horsepower and 192 pound-feet of torque, the 1988 Lotus Espirit Turbo was a seriously speedy exotic in its day.
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Opinions expressed by Entrepreneur contributors are their own. You're reading Entrepreneur United Kingdom, an international franchise of Entrepreneur Media. Starting a business is no small feat. For every success story, there's another venture that stumbles along the way. The road to entrepreneurial triumph is often paved with hard lessons. Failure is just part of the process. But it doesn't have to be the end. Understanding why startups fail, and learning from it, is what makes the difference between a business that thrives and one that fizzles out. I have seen many start ups take off, but many others have also fallen flat. See below for the 9 biggest reasons start ups fail (and how to avoid them): 1. Lack of a real problem to solve Far too often, Rohan explains, he sees founders dive in without truly understanding whether their idea solves a genuine problem. If there's no real need, no pain point to address, your business is dead in the water before it even begins. 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