The single biggest reason why startups succeed | Bill Gross

Bill Gross has founded a lot of startups, and incubated many others — and he got curious about why some succeeded and others failed. So he gathered data …


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43 Replies to “The single biggest reason why startups succeed | Bill Gross”

  1. Not really timing per se, but 'market'. There are lots of academic articles published that deal with this topic of what the most important thing for successful businesses is, and it's actually the market. Timing would fit into the concept of 'market'. If the market isn't ready, or competitors are too low or too high, or consumers are too few etc. these are all market related factors.

  2. Make your own timing. Airbnb was not some resounding success over night. They launched and failed 3 or 4 times before getting their "perfect" timing. They still made it happen anyway, they didn't give up like all these failed companies he is pointing out.

  3. Timing + Team + Funding, because if your timing is right but you take too long on execution, because you don't have enough Funds. Someone with heavy pockets will out do you.

  4. This is utterly meaningless. Great timing is an ad hoc construction. You can't predict it in the present. Only thing you can do is look back in time, knowing what will be successful and then saying that it was 'great timing'. In essence you're saying a company is succesful because it's idea was well timed and it's well timed because it became succesful. When people try to grasp evolution theory they often make this same mistake.

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