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The Venture Capital Secret: 3 Out of 4 Start-Ups Fail

online.wsj.com

To order presentation-ready copies for distribution to your colleagues, clients or customers, use the Order Reprints tool at the bottom of any article or visit www.djreprints.com. His findings are based on data from more than 2,000 companies that received venture funding, generally at least $1 million, from 2004 through 2010.

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Why Having A BHAG Is Critical To Your Company’s Success

YoungUpstarts

BHAGs were established by management guru Jim Collins in his 1994 book “ Built to Last: Successful Habits of Visionary Companies (Good to Great) “ , co-authored with Stanford professor Jerry Porras. My company was founded in 2004, but we didn’t have a BHAG until 2013. These customers weren’t just looking for junk removal.