Famous Startup Companies
A company in which you can rent homes and apartments from your phone
AirBNB
What is the number 5 reason?
Outcompeted
What percent of start-ups fail?
95%
Why is a business plan important and who should write it?
It summarizes both your vision for the company and your blueprint for the company's operating success. It acts as a written guide that describes the purpose and future plan of the company.
Who said, "You miss 100% of the shots you don't take"?
Wayne Gretzky
This platform allows users to share their creative ideas and "pin" things to a "boards"
What is the number 4 reason startups fail?
Poor product
What percent of start-ups fail in the first year?
10%
If I am not planning to apply for a bank loan, why do I need a business plan?
To guide the owner or manager in successfully operating the business.
Who said, “Innovation distinguishes between a leader and a follower”?
Steve Jobs
A ride sharing service
Uber
What is the number 3 reason start-ups fail?
Not the right team
2-5 years
Creating a budget sheet to carefully evaluate all expenses necessary for the startup.
Who said, "If something's important enough, you should try. Even if - the probable outcome is failure"?
Elon Musk
This website allows you to "network" and share your resume to potential employers
What is the number 1 reason start-ups fail?
No market needed
How many start-ups are created annually?
305 million
Why is location the most important aspect of my business?
Location dictates the amount of accessibility and convenience your business gives its customers.
Who said, “patience is a key element of success”?
Bill Gates
The biggest and most influential social media platform
What is the number 2 reason start-ups fail?
Lack of cash
What percent of millionaire entrepreneurs in the US are self-made?
88%
Why is competition important?
Competition results in a constant state of adapting and driving to become better than the competition at hand.
Who said, "Good artists copy, great artists steal"?
Pablo Picasso