Analysis of success factors for startups

Abstract

With the new generation becoming more and more risk taking and youngsters starting up their new ventures, it becomes important to identify what are the factors responsible for making a startup a successful one. This research aims to analyse the views of investors and the trends among entrepreneurs that distinguish a successful and a failed venture. In this study, the authors had compiled a list of factors responsible for a startup’s success, based on literature review and personal experiences. Qualitative interviews of investors were taken to refine the list and get further insights. Finally, a questionnaire was prepared and administered to successful and failed ventures, and hence various insights were drawn.