Did you know ? š” 90% of all Startups fail within the first five years? But those few that succeed usually disrupt entire industries. š„ 1. Founding Team: matters more than the idea itself. A strong, diverse team ups the chances of successful outcome by up to 40%. š ļø 2. Pivoting pays: 70% of startups that pivoted from their original idea end up having more success than failed startups that stuck to their initial plan. i have pivoted three times to land on the right idea. š 3. Customer focus is critical: Startups that focus on their customers from Day One are 3Ć more likely to scale effectively. š 4.Going Global: Nearly 50% of all startups now come born global, knowing around the world in international markets on day one is key.
Download the medial app to read full posts, comements and news.