First generation entrepreneurs pass through extremely rough terrain and existing systems are inadequate in increasing their chances of success, while simultaneously reducing the risk of failures. The truth is that the failure rate of startups is unacceptably high. A large part of the ecosystem for entrepreneurship development is oriented towards infrastructural support and for financial support. However, by nature, startups exist in an operating mode from day one, where entrepreneurs grapple with decisions on taking several of next steps. Although, the problems that different entrepreneurs face look different, they stem from common causes. Get a glimpse of such environment, entrepreneurial pressures in the Saga of Startups. I found format of the Power of Idea, a lot influenced to build strong conceptual clarity and execution rigor in its format.
31 March 2014