Why start-ups succeed or fail

All businesses need to start at some point. In the early formative years there are a number of factors that consistently predict either success or failure.

Why start-ups succeed

Watch Tak Lo talk about ‘Predictors of start-up success’ in this TedX talk.

This is an additional video, hosted on YouTube.

In particular, focus on the diagram at 1 min 30 sec and listen to Tak Lo’s description of an outstanding CEO.

Why start-ups fail

Next, watch Yashash Agarwal talk about ‘Five lessons I learned from failing a start-up’ in this TedX talk.

This is an additional video, hosted on YouTube.

Finally, read The top reasons startups fail (available on the Statista website).


Your task

Can you see the common themes between these two videos and the article? How can you apply these experiences to your own business idea?

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This article is from the free online course:

Business Model Thinking

Coventry University