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Search by topic:   15061. CHARACTERISTICS OF HIGHLY SUCCESSFUL START-UPS. Drawing on a broad spectrum of empirical studies, anecdotal reports, and business case studies, this paper describes and analyzes the key characteristics of highly successful start-ups. The basic prerequisites of success are identified – solid management, adequate financing, a marketable idea – and the business and personal characteristics which discriminate the "successful" from the "highly successful" start-up are discussed. Persistence, drive for success, willingness to take calculated risks, a high level of flexibility and a willingness to accept the help and advice of more experienced and competent associates/backers are found to be key components in start-up success. KEYWORDS: business start up success failure factors entrepreneurs risks new ventures. APA Style. 12 pages, 43 footnotes, 25 bibliographic references. 3,823 words.   $84 Copyright 2002 Academic Research Papers Associate Term Paper Sites: Academic Research Papers Academic-Research-Papers Research Central Term Paper Assistance