5 Sure Signs A Startup Firm Will Succeed

North Jersey Small Business Forum

Interesting article from Forbes– excerpts below.

“Many articles talk about the signs a startup firm will go under. So with props to Martin Zwilling for his recent piece 5 Sure Signs That a Good Startup is Going Bad, I’d like to dedicate my first Forbes column to the signs a budding startup firm will succeed.”

Here are the five signs the article lists. For more information, please read the article.

1. Has Validated Customers.

2. Shows a Strategic Perspective.

3. Is Cash Conservative.

4. Operates with Transparency.

5. Communication.

“But in summary – has any startup that met these five criteria ever failed? Surely, there are some examples—organizations who met with tragic occurrences such as 9/11, Katrina, or unforeseeable and sudden shifts in market conditions. But short of cataclysmic occurrence, I would maintain that any company that meets these conditions is highly unlikely to…

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