I've helped ~2000 entrepreneurs in their journeys.

There's 1 rare factor that makes the difference between success and failure.

🧵 Here's what you should implement:

I'm passionate about helping startups scale.

Thankfully, I had great opportunities to work for organisations that ran programs for startups.

Notable:
• EU India Innocenter @EUI_Innocenter,
• T-Hub Foundation @THubHyd,
• Techstars Startup Weekend @startupweekend.

Two specific terms to understand before jumping into "Why startups succeed?"

⮕ What are 'startups': new entities in search of scalable biz models by testing various hypotheses (value prop, TG, distribution, pricing, etc).

⮕ What is 'success': significant product-market fit.

The top 5 reasons for a startup's success:

➊ Idea/Product
➋ Business Model
➌ Team/Execution
➍ Funding
➎ Timing

(no specific order)

Let's see which ONE reason matters the most. 👇

1. Idea 💡 - uniqueness? any differentiators? can we create competitive moats around it?

I've organised StartupWeekends & such hackathons to help people validate their ideas & come up with a prototype or a biz plan.

⮕ You can build a business with any decent idea.