"Execution matters a lot, but timing might matter even more."

"Good to Great" by Jim Collins was the early episode of entrepreneurship that introduced me to explore more ideas/points/guidelines in doing business. Here is another good reference by Bill Gross who found the single biggest reason why start-ups succeed.

As summary, Bill has found the 5 essential elements that lead to success based on his study to among 200 companies in United States. The 5 key points are:

1. Timing (42%)
2. Team/Execution (32%)
3. Ideas (28%)
4. Business Model (24%)
5. Funding (14%)

Click here to watch the video.

[Full bio of Bill Gross]