Why are some businesses successful while others seem destined to fail? Are there things you can do to improve your chances of success?
The Canadian Innovation Centre (CIC) has worked with thousands of new ventures over its 35 year history and its research has revealed that there are 8 critical factors that strongly influence whether a particular venture will succeed or not.
In this video, Andrew Maxwell, Chief Innovation Officer of the CIC, explains the 8 critical factors with real-life examples taken from the CIC’s work with CBC’s Dragon’s Den and other new ventures.
Warning – watching this video may increase your likelihood of venture success!