Over the past fews years, I’ve been fortunate to have worked with multiple successful startups whilst I built out my own platform, . Two of the three startups I built products for have been acquired and the other is still growing strong. With statistics saying that, as many as 9 out of 10 new businesses fail and my recent , I wondered why the main startups I worked with have the opposite record of 100% success rate. Stock Market Sensei analysis of heavily funded startups that failed Here’s a quick summary of the startups: 1. The first company I worked with, , was subsequently and the product I helped build, Heywire LiveText, is now part of the . Heywire acquired by Salesforce Salesforce Service Cloud 2. From there, I built the first android versions of from scratch for . The Dark Sky Company is the provider of a leading hyperlocal weather forecasting api and it is one of the most loved weather apps. Dark Sky The Dark Sky Company 3. Finally, with I built products for Fortune 500 companies and venture backed startups alike. Raizlabs was recently acquired by , a larger agency. Raizlabs Rightpoint As their profiles show, these companies varied in funding amount. has over $20 million listed in venture capital funding whilst only has a half a million dollar debt financing round listed. So, funding size alone is not the differentiator between failure and success. Crunchbase Heywire Raizlabs However, it was clear to me that each of these companies had the right key ingredients cooked together in the right way. And knowing the progress I’ve made in my own based on my experience with them, I realized that building a startup is as simple as making an omelette. startup Below is a step by step video guide of what I learnt about building a startup omelette the right way. And, a key ingredient for a great startup omelette is patience, serious patience. I mean the kind of patience required to watch a ~10 minute Omelette/startup-tips from start to finish! youtube video
