Summary of The Single Biggest Reason Why Start-Ups Succeed

Bill Gross

TED Conferences LLC, 2015 more...

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The Single Biggest Reason Why Start-Ups Succeed summary

Serial entrepreneur Bill Gross underlines the importance of timing to a start-up’s success.

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What’s the secret ingredient for start-up success? Most people reckon that a great idea is the most important element. However, Idealab founder Bill Gross corrects this faulty assumption. His analysis of 200 companies, including some landmark successes as well as notable failures, reveals that timing is everything. getAbstract believes Gross’s clear-cut, contrarian findings couldn’t come at a better time for today’s ambitious entrepreneurs and venture capitalists.

In this summary, you will learn

Why many high-potential start-ups fail
What five factors influence the chances of a start-up’s success
Which of these elements is the most important in determining a start-up’s fate

Summary

Why do some companies succeed while others fail? Idealab, a business incubator, has supported more than 100 start-ups over the past 20 years, including many overwhelming triumphs and disappointing duds, which places Bill Gross, CEO of Idealab, in an ideal position to investigate the secret of success...

Get the key points from this video in less than 10 minutes.