Start-ups or businesses fail or succeed because of various reasons right? But what if we told you that there is one common reason behind all successful businesses
Bill Gross has founded a lot of start-ups, and incubated many 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 others.
The five factors he talks about in this video are:
- Timing
- Team/Execution of the idea
- Idea Outlier
- Business Model
- Funding
He talks about how various companies use these five-key factors in this video, do have a look at it through this link: https://www.youtube.com/watch?v=bNpx7gpSqbY
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