Serial entrepreneurs 50% more likely to succeed.
Great study from HBS which finds that:
- 34% of successful entrepreneurs are going to be successful in their next startup
- 23 % of repeat entrepreneurs who failed in their past startup will be successful in their next one
- 22 % of first time entrepreneurs will be successful.
There’s no teacher like experience.
And also, this is pretty encouraging, much better than the common wisdom of 1/10 startups will be successful that gets repeated a lot.
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