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Kashinath Tilagul

ย โ€ขย 

ABATA AIย โ€ขย 1y

Did you know ? ๐Ÿ’ก 90% of all Startups fail within the first five years? But those few that succeed usually disrupt entire industries. ๐Ÿ‘ฅ 1. Founding Team: matters more than the idea itself. A strong, diverse team ups the chances of successful outcome by up to 40%. ๐Ÿ› ๏ธ 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. ๐Ÿ” 3. Customer focus is critical: Startups that focus on their customers from Day One are 3ร— more likely to scale effectively. ๐ŸŒ 4.Going Global: Nearly 50% of all startups now come born global, knowing around the world in international markets on day one is key.

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A lot of startups pivoted yesterday.

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The fact that most of the startups fail is because they over fantasize about their idea ๐Ÿ’ก& future, because of that they ignore the ground reality . It shows the biase mentality towards the own perspective of the world ๐ŸŒ :)

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