The Single Biggest Reason Why Startups Succeed | Bill Gross Ted Talk
“If the startup organization is so great, why do so many fail?”
What a question! This bright and shiny new object we all know as a startup is so attractive; we’ve heard all the success stories and seen apps like Uber and Snapchat rise to the top. We want what they have, right? But it’s not as easy as 1-2-3. We all have these life-altering ideas but is the world ready for those ideas? It’s time to be truly honest with yourself.
Bill Gross has founded many startups, and incubated plenty of others — and he got curious about why some succeeded, and others failed. So he gathered data from hundreds of companies, his own and other people’s, and ranked each company on five key factors. He found one factor that stands out from the rest. Check it out for yourself…