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    The Single Biggest Reason Why Start Up Succeed

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    Ronaldi Soselisa
    The document discusses factors that contribute to start-up success. It analyzes data from over 200 successful and failed start-ups based on five essential elements: ideas, team/execution, business model, funding, and timing. The analysis found that timing accounted for 42% of the difference between successful and failed start-ups, while team/execution accounted for 32% and ideas accounted for 28%. Timing was identified as the single biggest reason for start-up success, as having a great idea and executing it at the right moment can significantly impact a start-up's chances of success.

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    The Single Biggest Reason Why Start Up Succeed

    Uploaded by

    Ronaldi Soselisa
    37 views3 pages
    The document discusses factors that contribute to start-up success. It analyzes data from over 200 successful and failed start-ups based on five essential elements: ideas, team/execution, business model, funding, and timing. The analysis found that timing accounted for 42% of the difference between successful and failed start-ups, while team/execution accounted for 32% and ideas accounted for 28%. Timing was identified as the single biggest reason for start-up success, as having a great idea and executing it at the right moment can significantly impact a start-up's chances of success.

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    The document discusses factors that contribute to start-up success. It analyzes data from over 200 successful and failed start-ups based on five essential elements: ideas, team/execution, business model, funding, and timing. The analysis found that timing accounted for 42% of the difference between successful and failed start-ups, while team/execution accounted for 32% and ideas accounted for 28%. Timing was identified as the single biggest reason for start-up success, as having a great idea and executing it at the right moment can significantly impact a start-up's chances of success.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    37 views3 pages

    The Single Biggest Reason Why Start Up Succeed

    Uploaded by

    Ronaldi Soselisa
    The document discusses factors that contribute to start-up success. It analyzes data from over 200 successful and failed start-ups based on five essential elements: ideas, team/execution, business model, funding, and timing. The analysis found that timing accounted for 42% of the difference between successful and failed start-ups, while team/execution accounted for 32% and ideas accounted for 28%. Timing was identified as the single biggest reason for start-up success, as having a great idea and executing it at the right moment can significantly impact a start-up's chances of success.

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    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 3

    The Single Biggest Reason Why Start-Ups Succeed

    By Bil Gross
    What factors actually matters in order to make a company success ?

    I believe that the start-ups organisation is the greatest form to make world a better place.

    If you take a group of people with the right good insentive and organize them in the start-up
    you can unlock human pottential in away never before possible. And you get the to achieve
    unbelieveble things.

    But the question now is why start-up organisation is so great but why so many fail ?

    So what actually matter the most for start-up to become successful and what is the different
    between the successful start-up and the failure one.

    So with all over the experience that his have in business, he found out that there is a 5
    Essential Elements that Lead to Success, there is :

    1. Ideas

    The ideas was everything. It became a fuel in a start-up organization and also motivate all of
    the team member to think creatively and innovative in order to grown up a brilliant idea that
    can be execute for the impact of the organization.

    2. Team

    When you work as a team, it can open many different path of opportunities and can achieve
    the target or the goals in the start-ups organization fastest than before. It also can bring a
    more scalable impact that can the organization bring for the customer. The execution,
    adaptability, sometimes that matter even more than the idea. So much about the team
    execution is it an ability to adapt to getting punch in the face by the customer (the customer is
    the true reality).

    3. Business Model

    There’s a company that have a clear path generating customer revenue. Business model is the
    frameworks of the company that became the mechanism of system work in the company that
    can impact for the business revenue itself.

    4. Funding

    Sometimes company receive a tense of a funding by investor. In a start-up company, funding


    became one of the most important thing because running a start-up business company you
    need a money to make the company is still alive and working. Funding itself can be receive
    from a venture capital or an angel investor that have intension of the impact that the start-up
    company can bring for the social impact and also the revenue income from the business
    model, is that valuable to make some income in order to make the company sustain and have
    some financial benefits of profit for the company itself and also the investors that already
    invest in the company with expectation if the company success, that can bring some divident
    for all of the investor.

    5. Timing

    Timing is the one of the essential thing in a start-up that have play a role as the luck way.
    Sometimes there is a lot of start-ups that finally ending up become success is because they
    got a right idea to solve a massive problems that happening with the right timing at that time,
    and also with the good execution and also the great team member that can support the leader
    to achieve what is the goals of the company. With the great timing plus the good execution in
    can brings a vision into reality.

    Based on the research that Bill Gross doing in order to know what is the matter factor to a
    start-ups organization success, he found out a very eye opening data. Basically the research
    that his doing is by comparing a certain successful start-ups companies (airnb, Instagram,
    Uber, YouTube, LinkedIn) and a certain failure start-ups companies (WebVan, kozmo,
    pets.com, flooz, friendster) with using the 5 essential elements in the upside. This are the
    result of his research in a data :

    Top Factors in Success Across More Than 200 Companies

    1. Timing

    Timing accounted for 42% of the difference between the success and the failure start-ups
    company.

    2. Team/Execution

    Team/Execution accounted for 32% of the difference between the success and the failure
    start-ups company.

    3. Idea “Truth” Outliner

    Idea accounted for 28% of the difference between the success and the failure start-ups
    company.

    4. Business Model

    Business Model accounted for 24% of the difference between the success and the failure
    start-ups company.

    5. Funding

    Funding accounted for 14% of the difference between the success and the failure start-ups
    company.

    From the data in upside about the top factors that matters a lot for a start-ups company
    success, timing is the number one factor that matter for a start-ups company became success.
    It means that if a founder found a great idea and execute it in the right time it can be very
    impactful to contribute for the start-up company success.

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