If a startup becomes profitable, you can try to trace the…

If a startup becomes profitable, you can try to trace the chain of events that led to it. You might actually find reasons and believe them. It’s as if you’ve discovered some kind of truth and now you understand exactly what needs to be done and how. This is especially noticeable when your very first startup succeeds. You think it’s because your product is better than your competitors’. Or maybe it was your distribution, or the best developers, or your persistence. Or any of a million other reasons. You believe so strongly in the infallibility of your actions that you start to lose sight of the facts. It’s much harder to admit that you have no idea why the startup became successful. Because investors and partners won’t appreciate that. https://orchidfiles.com/reason-behind-startups-success/

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