What is startup?

Whether they want to change the world or simply make their business vision a reality, startup founders dream of giving society of something it needs but hasn't created yet and doing it at scale.

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Startups are young companies founded to develop unique products or service, bring it to market and make it irresistible and irreplaceable for customers.

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How do startups succeed?

While many startups ultimately fail, all do. For a startup to succeed, many stars must align and crucial questions answered

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  • Is the team obsessively passionate about their idea?
  • Do the founders have domain expertise?
  • Are they willing to put in the time?
  • Why this idea and why now?
  • How big is the market?
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If a startup is able to answer all of these questions, it may stand a shot at becoming part of the 10% of early stage companies to survive.

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Influencer Magazine UK