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Fine line between success and failure

04Nov2009

Vezi linkul:
http://dondodge.typepad.com/the_next_big_thing/2009/11/failure-is-not-an-option-why-this-can-be-a-bad-strategy.html

There are no easy and obvious answers. If it were easy everyone would have already done it. Timing and luck play a big part in success…bigger than most people will admit. There are four key elements to success in any business; great people, great idea, great timing, and luck. If you don’t have any two of the four…you are probably going to fail.

I have seen startups with great people and a great idea that were too early (timing), or had bad luck on things they couldn’t control. They failed. The same idea tried five years later succeeded. Timing matters. The market needs to be ready to adopt your ideas. The answer is never obvious. You don’t know for sure until you try.

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