Learn more about startup with this collection
How to start a successful business
How to build a strong team
How to market your business
"I believe that the startup organization is one of the greatest forms to make the world a better place. If you take a group of people with the right equity incentives and organize them in a startup, you can unlock human potential in a way never before possible. You get them to achieve unbelievable things."
BILL GROSS
6
116 reads
What Factors Matter Most for Company Success?
Bill has been in businesses since 12 when selling candies in junior high school at the bus stop, from creating solar energy devices in high school, to college when he made loudspeakers. And when he graduated from college he started software companies.
In 1996, he founded IdeaLab, a technology incubator which has founded more than 150 companies over the last 26 years.
Bill, in an aim of understanding which factors determine the success or failure of a startup, tells us 5 essential elements that lead to success.
4
44 reads
5 Essential Elements that Lead to Success
- Ideas: it's the core concept, he used to think it was everything.
- Team: execution, adaptability, ability to get punched in the face by customers.
- Business Model: having a clear path to generating customer revenues.
- Funding: receiving intense amount of funding.
- Timing: is it way too early? Does the world need to get educated? Is the world ready for it? Is the right timing? Is it too late? Are there too many competitors?
5
64 reads
Top 5 Factors in Success Across More than 200 Companies
After analyzing 100 IdeaLab companies and 100 Non IdeaLab companies which succeeded and failed he concluded:
- Timing accounted for 42% of the difference between success and failure.
- Team/Execution in 32%.
- Idea "Truth" Outlier in 28%.
- Business Model in 24%.
- Funding in 14%.
6
40 reads
Airbnb
Airbnb f.e. was passed on by many smart investors because they thought: "No one's going to rent out a space in their home to a stranger."
This company came out right during the height of the recession when people really needed extra money.
That compensated the rejection to host strangers in exchange of a necessary money hence why it succeeded.
Other examples of right timing can be Uber & YouTube.
4
45 reads
CURATED BY
Business Administration and Management Student | Blockchain, DEFI & Web3 | Social Worker | "Fix the money & fix the world."
CURATOR'S NOTE
Get to know what Bill Gross discovered on success by analizing over 200 startups.
“
More like this
3 ideas
20VC: Box's Aaron Levie on Why Founders Cannot Hedge Their Bets, The 2 Categories of Wrong Decision and How To Avoid Them & The Biggest Dangers of Being Over-Funded as a Startup
The Twenty Minute VC: Venture Capital | Startup Funding | The Pitch
7 ideas
Explore the World’s
Best Ideas
200,000+ ideas on pretty much any topic. Created by the smartest people around & well-organized so you can explore at will.
An Idea for Everything
Explore the biggest library of insights. And we've infused it with powerful filtering tools so you can easily find what you need.
Knowledge Library
Powerful Saving & Organizational Tools
Save ideas for later reading, for personalized stashes, or for remembering it later.
Start
31 ideas
Start
44 ideas
# Personal Growth
Take Your Ideas
Anywhere
Organize your ideas & listen on the go. And with Pro, there are no limits.
Listen on the go
Just press play and we take care of the words.
Never worry about spotty connections
No Internet access? No problem. Within the mobile app, all your ideas are available, even when offline.
Get Organized with Stashes
Ideas for your next work project? Quotes that inspire you? Put them in the right place so you never lose them.
Start
47 ideas
Start
75 ideas
My Stashes
Join
2 Million Stashers
4.8
5,740 Reviews
App Store
4.7
72,690 Reviews
Google Play
samz905
Don’t look further if you love learning new things. A refreshing concept that provides quick ideas for busy thought leaders.
“
Shankul Varada
Best app ever! You heard it right. This app has helped me get back on my quest to get things done while equipping myself with knowledge everyday.
“
Ashley Anthony
This app is LOADED with RELEVANT, HELPFUL, AND EDUCATIONAL material. It is creatively intellectual, yet minimal enough to not overstimulate and create a learning block. I am exceptionally impressed with this app!
“
Sean Green
Great interesting short snippets of informative articles. Highly recommended to anyone who loves information and lacks patience.
“
Ghazala Begum
Even five minutes a day will improve your thinking. I've come across new ideas and learnt to improve existing ways to become more motivated, confident and happier.
“
Giovanna Scalzone
Brilliant. It feels fresh and encouraging. So many interesting pieces of information that are just enough to absorb and apply. So happy I found this.
“
Laetitia Berton
I have only been using it for a few days now, but I have found answers to questions I had never consciously formulated, or to problems I face everyday at work or at home. I wish I had found this earlier, highly recommended!
“
Jamyson Haug
Great for quick bits of information and interesting ideas around whatever topics you are interested in. Visually, it looks great as well.
“
Read & Learn
20x Faster
without
deepstash
with
deepstash
with
deepstash
Access to 200,000+ ideas
—
Access to the mobile app
—
Unlimited idea saving & library
—
—
Unlimited history
—
—
Unlimited listening to ideas
—
—
Downloading & offline access
—
—
Personalized recommendations
—
—
Supercharge your mind with one idea per day
Enter your email and spend 1 minute every day to learn something new.
I agree to receive email updates