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August 2019

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Reading Time: 4 minutes People say 90% of startups fail, 30% of which fail in the first two years. But how does the rest of the 10% succeed where others fail? What’s their secret? If you study the stories of successful startups, you’ll begin to understand what the secrets to startup success are. Many startups in Bangladesh understood it and have benefitted from it. So if these following 4 aspects are present in your startup, success will soon be knocking at your door. 1. Ability to Grasp Current Trends There are countless businesses that had great ideas but were too early for their time. Ever heard of SixDegrees.com? It was one of the first social networks of the world. The idea was ingenious, connecting people all over the world, but the timing wasn’t. The organization was, unfortunately, a decade too early. Having the ability to know what consumers want is probably the most important…