A startup that does all three will probably succeed.
Keys to Success Compu Date has identified three keys to success which will be closely monitored. Compu Date is compiling extensive market research to provide it with accurate information regarding its target market. If Compu Date does not pick the right people, the business will not progress. This position provided Suzie with invaluable skills for managing a variety of different projects. Personals division where she got direct experience for the matchmaking industry which gave Suzie the insight and confidence in developing her own company to compete within this industry.
Compu Date has conservatively forecasted sales for year two, rising in year three.
Their value is mainly as starting points: as questions for the people who had them to continue thinking about.
What matters is not ideas, but the people who have them.
And while they probably have bigger ambitions now, this alone brings them a billion dollars a year.
[1]There are plenty of other areas that are just as backward as search was before Google.Ideas for startups are worth something, certainly, but the trouble is, they're not transferrable.They're not something you could hand to someone else to execute.March 2005(This essay is derived from a talk at the Harvard Computer Society.)You need three things to create a successful startup: to start with good people, to make something customers actually want, and to spend as little money as possible.Most startups that fail do it because they fail at one of these.Microsoft's original plan was to make money selling programming languages, of all things.