It is estimated that between 80-90% of startups fail. This is evidence enough to prove that it takes more than just a bright idea and a whole lot of enthusiasm to make your business a success. So what is it about the other 10-20% that do succeed? Bill Gross believes he has found the answer. Do you agree?
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 from hundreds of companies, his own and other people's, and ranked each company on five key factors. He found one factor that stands out from the others — and surprised even him.