Unfortunately, it’s a stark fact of the business world that the majority of startups fail. As Tanya Prive points out, writing for Forbes.com, a new business represents a journey into the unknown, and entrepreneurs need to embrace ambiguity, uncertainty and multiple challenges.
With that in mind, the author highlights some of the qualities that are deeply ingrained in successful entrepreneurs and help their startups succeed:
• Vision. Prive comments: “A startup needs to envision how to monetise from the very beginning. The first dollar counts, especially for potential investors.”