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The Single Biggest Reason Why Startups Succeed Bill Gross by Mind Map: The Single Biggest Reason Why
Startups Succeed
Bill Gross
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The Single Biggest Reason Why Startups Succeed Bill Gross

Startup Organizations

Unlock human potential

Achieve unbelievable things

But why do so many fail?

Factors that really matter the most

Timing

42% difference between success and failure

Team / Execution

32% difference between success and failure

Idea

28% difference between success and failure

Business Model

24% difference between success and failure

Funding

14% difference between success and failure

Mike Tyson

Everybody has a plan, until they get punched in the face

Conclusion

Best way to really assess timing is to look whether consumers are ready for what you have to offer to them

Factors that matter the most: First assumption

Idea

Team / Execution

Business Model

Funding

Timing

Reality Check

Bill gross looked at...

100 IdeaLab companies

100 Non-ideaLab companies

Checks each one for the 5 factors to see which one had the biggest impact on success

Be honest with yourself!