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	<title>HipMojo.com</title>
	<link>http://watchmojo.com/web/blog</link>
	<description>Covering Online Video, Web, Search, Investing, Technology, Strategy, Investing, M&#038;A, Financing, VCs</description>
	<pubDate>Sat, 21 Nov 2009 21:40:57 +0000</pubDate>
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		<title>Explaining Failure is Easy, Explaining Success is Nearly Impossible</title>
		<link>http://watchmojo.com/web/blog/index.php/2008/05/23/explaining-failure-is-easy-explaining-success-is-nearly-impossible/</link>
		<comments>http://watchmojo.com/web/blog/index.php/2008/05/23/explaining-failure-is-easy-explaining-success-is-nearly-impossible/#comments</comments>
		<pubDate>Fri, 23 May 2008 21:52:00 +0000</pubDate>
		<dc:creator>Ashkan Karbasfrooshan</dc:creator>
		
		<category><![CDATA[Startups]]></category>

		<category><![CDATA[Financing]]></category>

		<category><![CDATA[Management]]></category>

		<category><![CDATA[Legal Matters]]></category>

		<category><![CDATA[Entrepreneurship]]></category>
<category>Entrepreneurship</category><category>Financing</category><category>Legal Matters</category><category>Management</category><category>Startups</category>
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		<description><![CDATA[Why do startups fail?  The reasons are pretty obvious and easy to highlight.  VCDave does a good job of listing them:
Oddly enough, however, while pointing out failure factors is relatively easy, truly determining what makes for a successful startup is pretty much two parts art and one part science.  I dumb it down to a [...]]]></description>
			<content:encoded><![CDATA[<p>Why do startups fail?  The reasons are pretty obvious and easy to highlight.  VCDave does a good job of <a href="http://www.vcdave.com/2008/05/22/why-startups-fail/" target="_blank">listing</a> them:</p>
<p>Oddly enough, however, while pointing out failure factors is relatively easy, truly determining what makes for a successful startup is pretty much two parts art and one part science.  I dumb it down to a combination of the following variables:</p>
<p>- vision<br />
- ambition<br />
- execution<br />
- luck<br />
- timing</p>
<p>But I credit persistence/determination/tenacity as the #1<em> </em>driver for success because invariably without persistence/determination/tenacity you will hit walls and fail.</p>
<p>If my English were any better, I&#8217;d pick one of those three words, but you get the idea.</p>
<p>John Furrier has some good <a href="http://furrier.org/2008/05/23/why-startups-fail-entrepreneurs-perspective-keep-the-founder-around/" target="_blank">advice</a> too, I agree about maintaining control.  So much of our days would otherwise be spent on useless arguments and wasteful discussion.  The truth is most people are not sincere and don&#8217;t see the forest through the trees, so they argue over personal and petty things.  If you have control and can cut through the turf-protecting BS, you can win.</p>
<p>More importantly, you can move quickly to jump on opportunities and fix mistakes quickly.</p>
]]></content:encoded>
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