What do you think are the main aspects of a successful startup?

Aryna Ostapenko
4 replies
These are my 3 keys: 1. Having a motivated team with a clear common goal: I believe that having motivated people around who understand the common goal clearly is one of the key aspects of a successful startup. 2.Unique and impactful idea: Certainly, a unique idea that solves a problem for a large number of people or improves their lives is crucial. 3. Effective execution: Even the most amazing idea, if implemented hastily, poorly, or unclearly, will not yield positive results. Yours?

Replies

Divine Rivers
Grit...perseverance...useful value props with a magic insight...team...vision, strategy, execution 😃
Aryna Ostapenko
@divine_rivers1 do you think it'll only work together?:) Or sometimes it is just luck?
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Divine Rivers
@aryna_ostapenko_vcx Luck is always involved in everything. Luck be born in free country, luck in being introduced to technology, luck in releasing at the right time
Neel
Its a human capital game eventually. How well skilled is the founding team/early employees - whether they have complementary skills, right network to get clients, etc.