Why do some startups succeed and not others?

Question

Have you ever asked this question? I'm pretty sure you have.

Well, I think it's a not a matter of hardwork or motivation, or at least those are not the only causes, so what are the major success factors?

By success I mean: Have more users and more sales.

Amine Benjelloun · Accepted Answer

In my opinion, the most important factors are : Execution and time to market.
Execution is what make difference between teams working on the same project and time to market is what makes difference between competitors.

Jakob Höflich · Answer

Hi @aboubakr_mekhatria , good question. I think it's a mix of different factors of which I find team the most crucial one. You can have the best idea in the world but if the team just doesn't fit on a professional and personal level, it probably won't work. Spoken from my own experience of three years as a startup founder, I can tell you, that idea and business model changed from time to time, but the team stuck together.

Have you seen this talk by Bill Gross? It might answer your question a bit:)

https://www.youtube.com/watch?v=bNpx7gpSqbY

MEKH · Answer

@jaque909 Thank you Jakob for the Ted link very interesting, I defiantly agree that the team is an important ingredient in the start up life.

MEKH · Answer

@aminebenj I agree, the timing one of the most success factor. Thanks Amine :)

Armin Trepic · Answer

Product/market fit

Carole lachance · Answer

Timing, Team and idea

Answer

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Answer

A major reason why companies fail, is that they run into the problem of their being little or no market for the product that they have built.There is not a compelling enough value proposition, or compelling event, to cause the buyer to actually commit to purchasing. Good sales reps will tell you that to get an order in today’s tough conditions, you have to find buyers that have their “hair on fire”, or are “in extreme pain”.

Why do some startups succeed and not others?

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