There are many factors that will determine a success of failure of a start-up. Here is a listing of some of the more important factors to consider.

1.
Fryday is an auxiliary business name of Seared AB headquartered in Stockholm, Sweden, [VAT:
SE556768364301]. Fryday and its graphic representation is a registered community trademark [No
012891883] protected by the European Union.
Fryday can be contacted at email: info@fryday.net, phone: +46851972392 or Skype:
FrydayInternational.
Fryday’s website: www.fryday.net.
Postal Address: Fryday, Searead AB; Fagerövägen 18, 79153 Falun, Sweden
Success Factors For A Start-Up
There
are
many
factors
that
will
determine
a
success
of
failure
of
a
start-­‐up.
Here
is
a
list
of
some
of
the
more
important
factors
to
consider.
Solve
a
real
challenge
that
customers
have.
Try
to
emphasise
with
the
imagined
customer
to
understand
what
could
improve
his
or
her
life
so
much
he
or
she
would
be
willing
to
pay
for
it.
Identify
your
unique
selling
point.
Is
it
price,
speed
of
delivery,
comfort,
status,
superior
quality
or
service
that
will
trigger
the
customer
to
buy?
Market
size.
Selling
an
excellent
product
on
a
dying
market
is
probably
not
a
good
idea.
Make
sure
the
market
you
enter
is
either
large
or
growing.
Write
a
solid
business
plan
and
learn
how
to
present
it
to
all
stakeholders
in
general
and
venture
capitalists
in
particular.
Timing
is
important.
There
are
plenty
of
examples
of
products
or
services
launched
on
markets
not
yet
ready
for
them.
Selling
frozen
food
to
customers
who
don’t
have
freezers
is
not
a
good
idea
even
if
the
frozen
food
is
great.
Having
a
superior
sales
process.
There
are
many
companies
who
has
succeeded
despite
selling
a
standard
product
on
what
was
supposedly
a
saturated
market
who
have
still
been
successful
thanks
to
being
much
better
at
attracting
the
clients.
Receiving
positive
attention
from
media,
from
people
who
spread
your
story
through
word-­‐of-­‐mouth
off-­‐
or
on-­‐line
by
having
a
sexy
product,
charismatic
founder
or
management,
intriguing
company
name
or
something
else.
People
love
to
tell
interesting
stories
and
to
be
the
first
person
that
tells
them.
Having
strategic
partners.
Getting
hold
of
strategic
resources
by
entering
a
partnership
with
another
person,
company
or
organisation
can
be
crucial
for
a
start-­‐
up.
You
might
have
to
give
away
equity,
knowledge,
products,
marketing
or
something
else
but
you
might
also
get
the
very
same
resources
back
and
cash
from
investors
too.
Having
the
personality
traits
of
a
real
entrepreneur.
Having
the
luck
it
always
takes
to
get
ahead
of
the
crowd
despite
starting
from
scratch.

2.
Fryday is an auxiliary business name of Seared AB headquartered in Stockholm, Sweden, [VAT:
SE556768364301]. Fryday and its graphic representation is a registered community trademark [No
012891883] protected by the European Union.
Fryday can be contacted at email: info@fryday.net, phone: +46851972392 or Skype:
FrydayInternational.
Fryday’s website: www.fryday.net.
Postal Address: Fryday, Searead AB; Fagerövägen 18, 79153 Falun, Sweden
Anders Östlund
Founder of Fryday, An International Network Of Professionals
Did you enjoy this article? There are plenty of more useful articles on how to
succeed in business at Fryday’s Business Blog.
You are also more than welcome to post your articles at Fryday’s Business Blog.
For blogging, partnerships or other questions you can contact us
at info@fryday.net.
Fryday is organizing several types of networking events and provide social and
professional networking in cities across the world.
Fryday
is
a
very
low
cost
franchise
with
presence
in
cities
and
countries
across
the
world.
Read
more
about
Fryday’s
low
fee
event
franchise
or
contact
us
at
franchise@fryday.net
for
more
information.