William Brendel, PhD’s Post

𝐓𝐡𝐞 𝐫𝐞𝐜𝐞𝐧𝐭 𝐛𝐨𝐨𝐦 𝐢𝐧 𝐬𝐭𝐚𝐫𝐭𝐮𝐩𝐬 𝐡𝐚𝐬 𝐩𝐚𝐢𝐧𝐭𝐞𝐝 𝐚 𝐩𝐢𝐜𝐭𝐮𝐫𝐞 𝐨𝐟 𝐞𝐱𝐩𝐥𝐨𝐬𝐢𝐯𝐞 𝐠𝐫𝐨𝐰𝐭𝐡, 𝐞𝐧𝐝𝐥𝐞𝐬𝐬 𝐟𝐮𝐧𝐝𝐢𝐧𝐠, 𝐚𝐧𝐝 𝐨𝐯𝐞𝐫𝐧𝐢𝐠𝐡𝐭 𝐬𝐮𝐜𝐜𝐞𝐬𝐬. 𝐖𝐡𝐢𝐥𝐞 𝐭𝐡𝐞𝐫𝐞'𝐬 𝐭𝐫𝐮𝐭𝐡 𝐭𝐨 𝐭𝐡𝐞 𝐞𝐱𝐜𝐢𝐭𝐞𝐦𝐞𝐧𝐭, 𝐢𝐭'𝐬 𝐜𝐫𝐮𝐜𝐢𝐚𝐥 𝐭𝐨 𝐮𝐧𝐯𝐞𝐢𝐥 𝐭𝐡𝐞 𝐡𝐚𝐫𝐬𝐡 𝐫𝐞𝐚𝐥𝐢𝐭𝐢𝐞𝐬 𝐨𝐟𝐭𝐞𝐧 𝐨𝐯𝐞𝐫𝐬𝐡𝐚𝐝𝐨𝐰𝐞𝐝 𝐛𝐲 𝐭𝐡𝐞 𝐠𝐥𝐚𝐦𝐨𝐫𝐨𝐮𝐬 𝐡𝐞𝐚𝐝𝐥𝐢𝐧𝐞𝐬. Statistics shout loud and clear: only 1.5% of startups achieve a $50 million+ exit, and a mere 0.1% become unicorns (valued at over $1 billion). The failure rate paints a stark picture: 90% of startups fail within 10 years. Additionally, the average time to a successful exit is 8 years, highlighting the need for persistence and resilience over overnight miracles. Percentage of first-time founders who succeed: 18% Number of startups globally: Over 500 million Global startup value: $30.5 trillion Countries with the most unicorns: US (581), China (277), India (44) Industries with the most unicorns: FinTech (209), AI & data (180), Software (152) Tech startups: 63% failure rate, 25% within the first year, 10% survive long-term Fintech startups: 75% failure rate Blockchain/cryptocurrency startups: 95% failure rate

THE SINGLE BIGGEST REASON WHY START-UPS SUCCEED 💪 Recently, I came across a video on YouTube titled “The Single Biggest Reason Why Start-ups Succeed.” In this video, the speaker, Bill Gross, discussed five factors that contribute to success across over 200 companies. According to him, TIMING is the most important one, accounting for 42% of the difference between success and failure. IDEA, which many people believe to be the most crucial factor, is ranked in third place. Based on my startup experiences, I completely agree with Bill Gross that TIMING is indeed the most critical factor for a startup's success. Let’s revisit the story of Green Beli 😊 In 2021, due to Covid-19, we had to find a new direction for Green Beli, which had been a traditional eco-project since 2019. With everyone staying at home, "blockchain games" became a trend that exploded at that time. We realized that this was an only opportunity to keep Green Beli afloat, so we decided to integrate blockchain technology into Green Beli, transforming it from a traditional eco-project into a blockchain game with eco-friendly elements. As a result, we successfully raised $1.1M for our idea within just two months of its conception. Since then, we have continued to evolve and develop a more sustainable business model for Green Beli to ensure its long-term success. SO, HOW TO DETERMINE IF THE TIMING IS CORRECT? According to Bill Gross, “The best way to really assess timing is to look at whether consumers are truly ready for what you have to offer them”! Photo source: “The Single Biggest Reason Why Start-Ups Succeed” video - Bill Gross x TED

↳ Discovering the Keys to Crypto Startup Success with Palcoin Building a successful startup isn’t just about an idea; it’s about combining the right elements to stand the test of time. At Palcoin, we’re dedicated to supporting crypto ventures with the resources, funding, and community backing they need to thrive. Here’s what we’ve found are the key factors for success and how we work to empower promising projects from the ground up. ↳ Strong Team & Leadership Behind every breakthrough project is a solid team with visionary leadership. Palcoin connects with startups led by experts who understand the crypto landscape, enabling them to drive innovation and navigate challenges. ↳ Innovative Technology Technology in the crypto world changes fast. Staying ahead requires more than just a good idea — it needs continuous innovation. Palcoin backs projects that push technological boundaries, allowing our investors to stay at the forefront of blockchain advancements. Sustainable Business Model Success in crypto isn’t only about rapid growth; it’s about building models that last. Palcoin looks for projects with robust business structures, ensuring they’re set for long-term success and capable of adapting to future market shifts. ↳ Community Support A strong community is invaluable to any project. At Palcoin, we believe in giving startups access to a community of engaged supporters and investors, creating a powerful network that champions their journey. ↳ Strategic Partnerships Palcoin helps startups form strategic alliances, amplifying their reach and resilience. These partnerships provide essential resources, helping startups expand sustainably in a competitive environment. Join Palcoin, and discover the next big thing in crypto as we support projects designed to shape the future. Invest with purpose, and let’s build something transformative together.

Exciting news for the Canadian tech landscape! Montréal is truly pushing the envelope with stellar IT startups that are innovating in ways previously unimaginable. We’ve published a comprehensive list to give you a deep dive into these game-changing companies. Read about them here: https://lnkd.in/gwcPfqkY Featuring: - Basedash was founded by the incredible Max Musing, revolutionizing the database and developer tools industry. - Vezgo is this amazing creation by Eric Lemieux and Martin Leclair, operating at the convergence of blockchain, cryptocurrency, and software. - The implementation of information technology services is being transformed by Hookdeck, led by Alexandre Bouchard and Eric Tran. - Making strides in the e-commerce space is the innovative zenHQ. - Grokvideo acquired is focusing on the integration of information technology with video. - Ushering a new era of artificial intelligence consulting is CEIMIA. - Disrupting the tech marketing scene is Textodog, innovated by the tenacious Alain Pilon. - GAVIA.IO is making cryptocurrency more accessible and friendly. - Wapitea was founded by Alexandre Lepretre, Antoine Pecatikov, and Jonathan Harvey, dynamically revamping the gaming, retail, and software sectors. - Catering to the food industry’s technology needs, we have DEMETER Food Inc ©️. - SquareFeet.ai led by Benoit Thibault, Jordan Owen, Mark Owen, and Sean Tasse is transforming the real estate landscape by integrating tech. These titans of tech are reshaping how we approach everything from databases, e-commerce, all the way to cryptocurrency! Stay tuned to see the waves they create! #startup #technology #entrepreneurship #innovation #MontrealTech #ITStartups

Looking for smart ways to invest in tech startups? Here’s how to do it right. Step 1: Ask the Big Question: "What’s the next big thing in tech?" Think about it. That’s your key to winning. Step 2: Pick Startups That Fit the Future (Might need a bit of tweaking here and there) For instance: 1. A startup that’s using AI to make healthcare better.   ↳ Big Idea: AI is changing how we stay healthy. 2. A business that uses blockchain to keep our money safe.   ↳ Big Idea: Blockchain is about more than Bitcoin. 3. A company making new energy sources that don’t harm our planet.   ↳ Big Idea: Clean energy is the future. Why do these stand out? They’re Simple. You get right away why these tech areas are hot and why these startups are ones to watch. No confusion... Step 3: Keep Your Reason Short and Sweet Ever notice how important the first thing you say is? Your reason for investing should be just as clear. I’ve looked at lots of investments → the simplest reasons often lead to the best choices. Step 4: Watch Your Investments Grow Smart investing isn’t about spending days on end looking at numbers. (Yes, there are many ways to invest, but this is my favorite) With these four steps, you avoid the time-sinks and: - Spot the tech startups that are going places, fast. - Make smart choices without the stress. - Stay ahead in the world of tech investments. And isn’t that what we all want? Quick Recap: 1. Figure out where tech is headed. 2. Choose startups that match. 3. Sum up why you’re investing in them. 4. Enjoy being a savvy investor. One trend, one startup, one investment at a time. Hope this guide helps you make your next big investment win! (Share this to help others in your circle make smart choices too) P.S. What’s the smartest investment move you’ve ever made?

Tired of blockchain buzz? Let's make it work for your startup! ↓ Hey Entrepreneurs! Are you tired of hearing the word "blockchain" thrown around like it's some secret club you're not cool enough to be a part of? Well, buckle up because we're about to spill the beans and make you the coolest kid on the entrepreneurial block! First off, blockchain isn't just for the tech wizards or the finance gurus. It's like a LEGO set for your startup – it's what you make of it that counts. This magical tool is all about making transactions (of all kinds) quicker, cheaper, and, let's face it, way cooler. Imagine a world where you don't have to wait for ages to get things approved or pay a small fortune in fees just to move your own money. Blockchain is like your entrepreneurial fairy godmother, but instead of turning pumpkins into carriages, it turns your efficiency nightmares into a dream come true. "Why should I care?" I hear you ask. Well, because it's like upgrading from a flip phone to a smartphone. Sure, you can make calls with both, but can you really live without your apps and camera? Blockchain technology gives your startup superpowers: transparency, security, and speed. Still thinking it's too complicated? Think of it as a potluck dinner. Everyone brings a dish (data), and it's all laid out on the table (the blockchain) for guests (users) to enjoy. No one can tamper with the food because, well, everyone is watching. Simple, right? So, before you go back to the Stone Age of doing business, remember that blockchain is not just a buzzword; it's a ticket to the efficiency express. And who doesn't want to ride first class? Ready to transform your startup with blockchain but don't know where to start? Fear not! Visit www.solutionvalley.com for the ABCs of blockchain for businesses. Your startup journey is about to get a whole lot smoother. Let's demystify the tech and make it work for you. Dive in now at www.solutionvalley.com #theentrepreneurmindset #productdevelopment #startuptips #MVPs #innovations #entrepreneurship #webdevelopment #AppDevelopmentTips #businessowner #itoutsourcing #technologynews #innovationleadership #AI #powertools #uiuxdesign #designinspiration #learningstyles #startupstories #EntrepreneurshipJourney #FoundersDay #solutionvalley #SaaS #blockchain

Investors don’t always know what’s best for the founder. I spoke with a founder today who shared some insightful clashes with a VC that had reached out to them. Here are a couple of key points 👀 : A VC told them not to bother with applying for a grant and aim for VC money instead. The initial end-users they wanted to target didn’t align with what the VC wanted. The founder wanted to be incremental, moving from A → B → C. The VC, on the other hand, wanted to go immediately to C with solely capital and technical advisors. Here's the reality: VCs are investors, not founders. Most VCs have never "been there, done that" and don’t understand what a founder’s problems actually are. VCs want rapid growth, but the majority of startups aren’t able to provide that. For VCs, it’s a gamble game where they are fine with just 1 out of 10 startups succeeding. For founders, it’s probably not a gambling game. In reality, solely monetary capital isn’t enough to ensure the success of a company – as we know that 70% of funded startups fail. More than just monetary support is needed for startups. This is exactly what we're doing at Nytrogen, E11evate, and Borderless Blockchain Alliance

𝗜 𝗙𝘂𝗲𝗹𝗲𝗱 𝘁𝗵𝗲 𝗚𝗿𝗼𝘄𝘁𝗵 𝗼𝗳 𝗮 𝗹𝗼𝘁 𝗼𝗳 𝗕𝗹𝗼𝗰𝗸𝗰𝗵𝗮𝗶𝗻 𝗦𝘁𝗮𝗿𝘁𝘂𝗽𝘀 𝗶𝗻 𝟮𝟬𝟮𝟯. 𝗛𝗲𝗿𝗲 𝗮𝗿𝗲 𝟱 𝗦𝘂𝗿𝗽𝗿𝗶𝘀𝗶𝗻𝗴 𝗦𝘁𝗿𝗮𝘁𝗲𝗴𝗶𝗲𝘀 𝗧𝗵𝗮𝘁 𝗣𝗿𝗼𝗽𝗲𝗹𝗹𝗲𝗱 𝗧𝗵𝗲𝗶𝗿 𝗚𝗿𝗼𝘄𝘁𝗵. 𝗦𝘂𝗿𝗽𝗿𝗶𝘀𝗲 𝟭: 𝟳𝟮% 𝗼𝗳 𝗠𝘆 𝗘𝗳𝗳𝗼𝗿𝘁𝘀 𝗙𝗼𝗰𝘂𝘀𝗲𝗱 𝗼𝗻 𝗔𝗜 & 𝗕𝗹𝗼𝗰𝗸𝗰𝗵𝗮𝗶𝗻 𝗦𝗼𝗹𝘂𝘁𝗶𝗼𝗻𝘀. It helps us to reduce development timelines for startups by 80%. What's great about this approach? The faster clients launch innovative products 👉 The higher their chances of market dominance. 🚀 𝗦𝘂𝗿𝗽𝗿𝗶𝘀𝗲 𝟮: 𝗠𝗼𝘀𝘁 𝗦𝘂𝗰𝗰𝗲𝘀𝘀𝗳𝘂𝗹 𝗣𝗿𝗼𝗷𝗲𝗰𝘁𝘀 𝗕𝗲𝗴𝗮𝗻 𝘄𝗶𝘁𝗵 "𝗕𝗿𝗮𝗶𝗻𝘇 𝗔𝗴𝗲𝗻𝘁𝘀." 𝗦𝘂𝗿𝗽𝗿𝗶𝘀𝗲 𝟯: 𝟴𝟱% 𝗼𝗳 𝗠𝘆 𝗧𝗶𝗺𝗲 𝗪𝗮𝘀 𝗦𝗽𝗲𝗻𝘁 𝗼𝗻 𝗣𝗲𝗿𝘀𝗼𝗻𝗮𝗹𝗶𝘇𝗲𝗱 𝗚𝘂𝗶𝗱𝗮𝗻𝗰𝗲. In the startup world, especially for high-growth ventures, 👉 Personal guidance often makes all the difference. 𝗪𝗵𝘆 𝗶𝘁 𝘄𝗼𝗿𝗸𝗲𝗱:  I connected with far more founders than most. My entrepreneurship skills really paid off. 𝗦𝘂𝗿𝗽𝗿𝗶𝘀𝗲 𝟰: 𝗜 𝗦𝗼𝘂𝗴𝗵𝘁 𝗜𝗻𝘀𝗽𝗶𝗿𝗮𝘁𝗶𝗼𝗻 𝗳𝗿𝗼𝗺 𝗜𝗻𝗻𝗼𝘃𝗮𝘁𝗼𝗿𝘀 𝗢𝘂𝘁𝘀𝗶𝗱𝗲 𝗧𝗲𝗰𝗵. 𝟮𝟬𝟮𝟮: My focus was on seasoned entrepreneurs. 𝟮𝟬𝟮𝟯: I'm learning from cutting-edge creatives. Why? They excel in capturing attention. It worked: I've developed a blend of tech and marketing. Skills. Together → They create an unstoppable force 💥 𝗦𝘂𝗿𝗽𝗿𝗶𝘀𝗲 𝟱: 𝗖𝗵𝗲𝗰𝗸 𝘁𝗵𝗲 𝗕𝗿𝗮𝗶𝗻𝘇 𝘄𝗲𝗯𝘀𝗶𝘁𝗲 (𝗵𝘁𝘁𝗽𝘀://𝗯𝗿𝗻𝘇.𝗮𝗶) 𝗳𝗼𝗿 𝗠𝗼𝗿𝗲 𝗦𝘂𝗰𝗰𝗲𝘀𝘀 𝗦𝘁𝗼𝗿𝗶𝗲𝘀! 🔥 And yes, I thoroughly enjoyed building Brainz. Absolutely no regrets. 💯 REPOST: ♻️ If you found these insights valuable! ✅ Start Your Project: 📷 Book a discovery call at https://lnkd.in/eN9d5kuj #Blockchain #StartupGrowth #Innovation

Dive into the ocean, not the pool. That's the motto of Fintech startups. Fintech startups are writing a new narrative, a narrative that's about more than just financial transactions. It's about empowering individuals, reshaping economies, and breaking down barriers. These startups are not just growing; they're exploding! However, this growth is not merely about numbers. It's about a radical shift in how we perceive and engage with the financial world. Growth in the Fintech sector isn't linear, it's exponential. But wait, it's not just about the rapid scaling of users, transactions, or revenues. It’s about the dramatic ‘GROWTH’ in the value they provide to their users. Fintech startups have democratized access to financial services, made transactions seamless, and brought financial literacy to the forefront. The pulse of this growth is innovation. Fintech startups are embracing AI, blockchain, and other advanced technologies to offer solutions previously unimaginable. But here's the twist. The real growth of Fintech startups lies in their ability to adapt. In an ever-changing financial landscape, the ability to pivot, to morph, and to transform is the real growth metric. So, next time you gauge the growth of a Fintech startup, don't just consider the numbers. Look at the value they create, the lives they impact, and the change they bring about. Engage with this post if you're ready to dive deeper into the nuanced world of Fintech growth. #fintech #startups #growth