The single biggest reason why startups succeed

Today i found a great TEDTalk about startups spoken by Bill Gross. FYI, Bill Gross has founded a lot of startups and incubating many others. By time he had been working in startups, he got curious about why some succeeded and others failed. So he did some research and collected data from hundreds of companies – his own and others – and started to rank each company on five factors:

  1. Ideas
  2. Team
  3. Business Model
  4. Funding
  5. Timing

Based on those factors, which one do you thing is the most important factor for creating the great startup company? So people may say it’s about ideas and the others may say is about funding. But after you watch the whole six minutes video, you’ll get the answer which factor that take crucial role for succeeding your startup company.

What do you think about that talks? Now you have a great reference for succeeding your startup, than i wish you all – who read this post – best luck!

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