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73.6% of all Statistics are Made Up

Both Sides of the Table

Often when they do I throw out my favorite statistic: 73.6% of all statistics are made up. Here are some examples: - You ask a small sample set so that data isn’t statistically significant. This type of statistical error is known as “selective bias.&#. People throw them around at cocktail parties.

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7 Keys To A Winning Business As A Phone App Developer

Startup Professionals Musings

One of the quickest ways to become an entrepreneur these days is to develop and publish a smartphone app. Yet according to other statistics, vanishing few of these ever generate a significant profit. But there are a wealth of other categories, new ones are constantly appearing, and the ecosystem is always shifting.

Develop 138
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7 Lessons For Mobile App Developers To Beat The Odds

Startup Professionals Musings

One of the quickest ways to become an entrepreneur these days is to develop and publish a smartphone app. Yet according to other statistics, vanishing few of these ever generate a significant profit. But there are a wealth of other categories, new ones are constantly appearing, and the ecosystem is always shifting.

Mobile 126
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7 Winning Strategies For Smartphone App Startups

Startup Professionals Musings

One of the quickest ways to become an entrepreneur these days is to develop and publish a smartphone app. Yet according to other statistics, vanishing few of these ever generate a significant profit. But there are a wealth of other categories, new ones are constantly appearing, and the ecosystem is always shifting.

Startup 98
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7 Seed-Stage Funding Sources To Finance Your Startup

Startup Professionals Musings

I challenge any entrepreneur, for example, to define the difference between "seed-stage" and "early-stage" financing. Most investors won’t touch a first-time entrepreneur at this stage. Ron Conway , of SV Angels, and Reid Hoffman , LinkedIn's founder, are names often mentioned in this category.

Funding 104
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Join The Unicorn Club Of Billion-Dollar Companies

Startup Professionals Musings

What every entrepreneur is asking me these days, is “How do I get to be a unicorn?” Based on some good estimates of how many new ventures have been started in the last five years, the statistical odds of any individual startup making it to this level are less than one in a million. Most unicorns pop up first in new solution categories.

Company 100
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Interview with Robin Richards, CareerArc

socalTECH

Richards--a serial entrepreneur who has been involved in a number of technology companies here, including NTI Group (sold to Blackboard), Internships.com, MP3.com, Statistically, you are 10x more likely to get hired through a referral by an employee than a non-referral. com, and Vivendi Universal Net USA, where he was also CEO.

Content 193