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August 12, 2004
Poll results
Well your votes are in on What is MOST important to start-up success
Great Market 20 %
(15 votes)
Great CEO 12 %
(9 votes)
Great Managemen Team 33 %
(25 votes)
Great Product 18 %
(14 votes)
Great PR/Marketing 2 %
(2 votes)
It's a mystery 12 %
(9 votes)
Total votes 74
Looks like most people believe in management team. I tend to agree. Management team and CEO are the most reliable factors in a company sucess.
Posted by Martin at August 12, 2004 6:27 PM
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Comments
So how do you rate one man bands? The prototypical cases being eBay and CraigsList. Google and Yahoo were started by pairs.
Arguably, the one man band who is a good programmer rolls up great CEO (12%), Team (33%), and Product (18%) for a total of 63%. Perhaps the size of the startup at product introduction is inversely correlated with likelihood of success since the likelihood that the marginal team members is ALSO great declines rapidly!
I would also argue that you are missing great board/advisors as an indicator.
Posted by: Alex Jacobson at August 13, 2004 8:21 PM
Why isn't a great business plan on the list? A great business plan will compensate for mediocrity in every other area listed above.
At least I read so on the Internet.
;o)
Beef Jezos
www.startupjunkies.org
Posted by: Beef Jezos at August 19, 2004 11:37 PM
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