A Quote by Eric Ries
Most start-up companies fail and it is smart public policy to help entrepreneurs increase their odds of succeeding. But, the biggest loss to our economy is not all the start-ups that didn't make it: It's the ones that might have been created but weren't.
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One of the biggest motivation for me and my co-founder was to learn and see what is happening in the market, see what next generation of entrepreneurs are doing. This has been the biggest motivation to investing in start-ups.
The best start-ups might be considered slightly less extreme kinds of cults. The biggest difference is that cults tend to be fanatically wrong about something important. People at a successful start-up are fanatically right about something those outside it have missed.
Most Fortune 500 companies began as small start-ups whose entrepreneurial founders slowly developed the infrastructure, hired the staff, sourced manufacturers or built their own factory, and created distribution, sales, and marketing plans.
The natural state of a start-up is to die; most start-ups require multiple miracles in their early days to escape this fate.
Just like any other company, Samsung can fail, and if that happens, how will the South Korean economy overcome the shock? If we don't decrease our over-reliance on the chaebols and prepare to let smaller, dynamic start-ups fill the gaps in their place, it won't.
Corrival looked around. 'So is this it? Is everyone here? Erskine, maybe you should start the ball rolling. I have places to go and things to do.' 'Me?' Ravel asked. 'Why do I have to start it? You're the most respected mage here. You start it, or Skulduggery.' Skulduggery shook his head. 'I can't start it. I don't like most of these people. I might start shooting.
Investors do not like losing money. They do not like companies that fail. They do not like entrepreneurs that fail. There is not a culture of celebrating failure in Silicon Valley or anyplace else. That is a myth. Recognize this, and if you start another business, get it to a successful point before approaching outside investors again.
The reality is the most important thing that can be done are these permanent changes like to the tax code, reduction of government spending. These are the things that pop up in economy and move it in the right direction, start to make it an economy that is moving because of the money in the private economy. When you think about it, when the Fed is lowering an interest rate, what it's doing is it's creating more liquidity. It's putting more money into the economy. The same thing happens when you reduce the tax except if happens from physical policy.
The blockchain start-ups that have done ICOs are just at the beginning of something. Ask me how they are doing in a year or two years from now. I know for a fact it won't be any different from the statistics of all start-ups: 80% of them will not make it.
The grim reality is that most start-ups fail. Most new products are not successful. Yet the story of perseverance, creative genius, and hard work persists.
Apparently, sir you Chinese are far ahead of us in every respect, except that you don’t have entrepreneurs. And our nation, though it has no drinking water, electricity, sewage system, public transportation, sense of hygiene, discipline, courtesy, or punctuality, ‘’does’’ have entrepreneurs. Thousands and thousands of them. Especially in the field of technology. And these entrepreneurs—"we" entrepreneurs—have set up all these outsourcing companies that virtually run America now.
We want to enable Start-Ups and make India no 1 in this field. Start-Up India and Stand-Up India!
For most of the 20th century, we didn't just enjoy economic success in Michigan, we defined it. Our innovators and entrepreneurs created the world's most productive companies, and our unions made sure that productivity led to broad middle class prosperity.
I have seen the way a conglomerate works. My personal calling was in start-ups, so I built my own start-up.
Microsoft, Disney, Ford, Facebook, and a hundreds and thousands of other companies that affect us daily all began life as baby companies, aka start-ups.
I just didn't feel very good. One day I woke up and I was like: "All right. I'm going to start eating right. I'm going to start working out." I figured it might help me feel a little bit better - even if I was still sick, it might help me move forward with my struggles. I just kind of turned a corner.
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