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Posts Tagged ‘startup’

Why do some startups succeed and others fail?

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Startups almost always start as a staggering journey into the unknown, one in which entrepreneurs need to make sacrifices, accept ambiguity, deal with challenges, emotions and pressure.

Bill Gross, founder of Idealab, a business incubator dedicated to finding new inventions and ideas, makes a valiant attempt at shedding new light on the factors that influence some startups to succeed and others to fail. He collected data from hundreds of organizations, his own and other entrepreneurs’, and ranked each of them on five key elements. The results were astonishing.

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