How Do You Know You Have The Right Startup Idea?

Studies show that the more innovative your startup idea, the higher are its chances of failure. If … [+] you’re building an innovative solution, it’s important to make sure you’re investing your resources in the right idea. Here’s how.

getty

It’s an empirical fact that most startups fail. In fact, the more innovative your startup idea, the higher are its chances of failure. According to the Bureau of Labor Statistics, two out of ten new businesses fail in the first year of operation and six out of ten don’t reach their tenth anniversary. However, if you count

→ Continue reading at Forbes - Startups

More from author

Related posts

Advertisment

Latest posts

Climate change is increasing flood risk around the country. Insurance rates are not keeping pace, report finds

And almost no place in the country is immune as 98% of all counties in the US have experienced at least one flooding...

Rio Tinto blew up a sacred site in Australia. The CEO left but still got a huge payout

Jean-Sébastien Jacques received £13.3 million ($18.6 million) in pay and long-term incentive rewards in 2020, compared to £7.1 million ($9.9 million) the previous...

Are companies aware? The 7 levels of personal and business consciousness

February 22, 2021 10 min read This article was translated from our Spanish edition using AI technologies. Errors may exist due to this...