Statistics show that predicting the chances of entrepreneurial and innovation project success is like flipping a coin. The odds of exceptional success are even lower. Under which conditions WOULD you be able to know whether a business will be a certain success?

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You read the business plan. If the sales predictions are positive, then the likelihood of positive returns is higher. When the sales predictions are exponential, there is even a high likelihood of exceptional returns.

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When you drop out of school. That seems to have worked well for Mark Zuckerberg, Bill Gates and Steve Jobs.

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When you have a lot experience in dealing with entrepreneurs and, based on the CVs of the entrepreneurs, you can compare the CVs with the profile of the ideal entrepreneur.

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Only when the startup is a company that is operating in a domain of certainty and the team has the required domain knowledge.

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Statistics show that predicting the chances of entrepreneurial and innovation p...

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