{"id":44450,"date":"2020-10-13T16:25:04","date_gmt":"2020-10-13T16:25:04","guid":{"rendered":"\/us\/en\/blog\/?p=44450"},"modified":"2025-03-13T06:23:40","modified_gmt":"2025-03-13T13:23:40","slug":"formula-for-startup-success","status":"publish","type":"post","link":"\/us\/en\/blog\/formula-for-startup-success\/","title":{"rendered":"The formula for start-up success: bringing assets, people, and moments together in one cohesive unit"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">The statistics for failure for start-ups are too well known. The idea might be wrong, the capital might be limited, or the opportunity might not be there at the moment the start-up is born.\u00a0 The fact that 10% of start-ups succeed each year<sup>1<\/sup><\/span><span style=\"font-weight: 400;\">\u00a0<\/span><span style=\"font-weight: 400;\">is a testament to the remarkable sense of endurance these endeavors have to battle through to make it to year two, three or beyond.\u00a0 <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Traditional barriers are well understood. But t<\/span><span style=\"font-weight: 400;\">he question in a digital age is, &#8220;Can start-ups use technology to avoid traditional barriers and elevate their potential for success using their assets?&#8221; Ponder these challenges, commonly held by start-ups and a pathway to success as you navigate through one, two, three or more, even in different sequences.<\/span><\/p>\n<hr \/>\n<p class=\"p1\">\ud83e\udd1d Is your tech startup&#8217;s team collaborating as effectively as it can to provide good customer service?<\/p>\n<p class=\"p1\">\n<div class=\"download-form-widget standart-download-form\" data-url=\"https:\/\/netstorage.ringcentral.com\/documents\/checklist_for_startups.pdf\" data-id=\"6a1b6e71ae166\" id=\"6a1b6e71ae166\">\n\t\t<button tabindex=\"on\"  on=\"tap:6a1b6e71ae166.toggleClass(class='open')\" class=\"open-modal-download-action download-form-button\" type=\"submit\">\ud83c\udf1f Download the checklist to find out<\/button><\/p>\n<div class=\"download-form-modal\">\n<div class=\"download-form-modal-body\">\n<div class=\"download-form-modal-content\">\n<div class=\"download-form-modal-title\">\ud83d\udc40 Get this free checklist to evaluate if your startup's current approach is working for you. <\/div>\n<form class=\"download-form SMB\" method=\"post\">\n<div class=\"download-form-part\">\n\t\t\t\t\t\t\t<input class=\"download-form-input\" aria-label=\"Full Name\" aria-required=\"true\" aria-invalid=\"false\" type=\"text\" name=\"fullname\" placeholder=\"Full Name\" data-dl-events-hover=\"true\" data-dl-element=\"text\" data-dl-additional-info=\"download form\">\n\t\t\t\t\t\t<\/div>\n<div class=\"download-form-part\">\n\t\t\t\t\t\t\t<input class=\"download-form-input\" aria-label=\"Email (please enter a work email address)\" aria-required=\"true\" aria-invalid=\"false\" type=\"email\" autocomplete=\"on\" name=\"email\" placeholder=\"Email (please enter a work email address)\" data-dl-events-hover=\"true\" data-dl-element=\"email\" data-dl-additional-info=\"download form\">\n\t\t\t\t\t\t<\/div>\n<div>\n\t\t\t\t\t\t\t<input type=\"hidden\" name=\"popup_form\" value=\"1\">\n\t\t\t\t\t\t<\/div>\n<div><input type=\"hidden\" name=\"Asset_ID__c\" value=\"ODAM-01420\" class=\"download-form-input\"><\/div>\n<div>\n\t\t\t\t\t\t\t<input type=\"hidden\" name=\"Lead_Entry_Source__c\" value=\"RC Blog\" class=\"download-form-input\"\/>\n\t\t\t\t\t\t<\/div>\n<div class=\"download-form-part\">\n\t\t\t\t\t\t\t<button class=\"download-form-submit\" type=\"submit\" data-dl-element=\"button\" data-no-auto-dl=\"true\" data-dl-additional-info=\"download form\" data-dl-name=\"Get it now\">Get it now<\/button>\n\t\t\t\t\t\t<\/div>\n<\/p><\/form>\n<p> \t\t\t\t\t<button on=\"tap:6a1b6e71ae166.toggleClass(class='open')\" role=\"button\" tabindex=\"0\"  class=\"download-form-modal-close\"><\/button>\n\t\t\t\t<\/div>\n<div class=\"download-form-modal-thank\">Enjoy! <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p>\n<hr \/>\n<h2 class=\"heading h2\"><b>Lean in, learn on the job (Yes, even the CEO)<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">69% of start-ups work from home<sup>2<\/sup><\/span><span style=\"font-weight: 400;\">. <\/span><span style=\"font-weight: 400;\">Adding employees does not happen at home, so collaboration across locations is a near-instant requirement. And start-ups represent maybe the best places to learn the ideas and practices of <\/span><span style=\"font-weight: 400;\">entrepreneur<\/span><span style=\"font-weight: 400;\">ship<\/span><span style=\"font-weight: 400;\">. Working in a start-up is one of the best <\/span><span style=\"font-weight: 400;\">ways to learn.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Everything needs to be at its best for success to happen.\u00a0 Given how tough it is to hire that first employee (six months on average<sup>4<\/sup>),<\/span><span style=\"font-weight: 400;\">\u00a0<\/span><span style=\"font-weight: 400;\">leaning in requires building functional teams from the very start. This means you need to put technologies in place that&#8217;ll immediately bond people from inception. 60% of start-ups state that issues with team members leads to their failure<sup>5<\/sup><\/span><span style=\"font-weight: 400;\">. <\/span><span style=\"font-weight: 400;\">Tools like UCaaS (unified communications as a service) can help you become a better-functioning company almost immediately. UCaaS gives you multi-channel forms of collaboration and communications infrastructure, without your business needing to purchase clunky hardware.<\/span><\/p>\n<p>Which comes in handy especially for start-ups.<\/p>\n<h2 class=\"heading h2\">Collaboration<b> reigns supreme<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">The ability to collaborate should go beyond employees. You should be able to communicate easily with customers, partners, and suppliers too. Imagine the power you could generate by connecting all these components together from the very start.\u00a0 <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Communications and collaboration systems that work on the cloud (like UCaaS) should be seen as a partner enablement platform. It&#8217;s especially interesting when you see that start-up failure tends to be most pronounced when there are 11 to 50 employees<sup>6<\/sup><\/span><span style=\"font-weight: 400;\">. <\/span><span style=\"font-weight: 400;\">Clearly, the ability to collaborate is vital for success.<\/span><span style=\"font-weight: 400;\">\u00a0<\/span><\/p>\n<h2 class=\"heading h2\"><b>Soft skills matter (constant connections help, and UCaaS delivers)<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">For all the need for constant connection, great strategy, and products&#8230; the soft skills needed to help a team perform at its very best require the ability to deliver those soft leadership skills and methods across all methods for communication. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">UCaasS not only opens up your virtual infrastructure, but it also creates more moments for energizing team members (that, in the end, will boost overall performance). A study in the <em>Harvard Business Review<\/em> looked at the relative power of collaborative, shared vision teams across start-ups<sup>7<\/sup><\/span><span style=\"font-weight: 400;\">:<\/span><\/p>\n<p><i><span style=\"font-weight: 400;\">\u201c (T)he group that reported high levels of previous experience but average to low levels of passion and collective vision demonstrated weak team performance when it came to innovation in products and services, customer satisfaction, cost control, and expected sales growth. Contrary, the group of teams that reported average levels of previous experience, but high levels of passion and collective vision demonstrated significantly stronger performance&#8230;\u201d<\/span><\/i><\/p>\n<p><span style=\"font-weight: 400;\">To <\/span><span style=\"font-weight: 400;\">navigate success, you need to, of course, avoid the traditional challenges all start-ups could experience. But there&#8217;s more than that. <\/span><span style=\"font-weight: 400;\">Success is also driven by leaning into less tangible goals, like amplifying those soft management skills and collaborating with every person involved in the business. How can you make these interactions in a start-up greater than the sum of all the parts? <\/span><\/p>\n<p><span style=\"font-weight: 400;\">UCaaS should be one of these force multipliers for you.<\/span><\/p>\n<hr \/>\n<p class=\"p1\">Learn more about how tech startups are using RingCentral to collaborate more effectively with distributed teams and keep customers happy.<\/p>\n<p class=\"p1\">\n<div class=\"download-form-widget standart-download-form\" data-url=\"https:\/\/netstorage.ringcentral.com\/brief\/startup_innovation.pdf\" data-id=\"6a1b6e71ae263\" id=\"6a1b6e71ae263\">\n\t\t<button tabindex=\"on\"  on=\"tap:6a1b6e71ae263.toggleClass(class='open')\" class=\"open-modal-download-action download-form-button\" type=\"submit\">\ud83c\udf1f Download the solution brief<\/button><\/p>\n<div class=\"download-form-modal\">\n<div class=\"download-form-modal-body\">\n<div class=\"download-form-modal-content\">\n<div class=\"download-form-modal-title\">\ud83d\udc40 Get this free solution brief to evaluate if RingCentral might be a good fit for your startup. <\/div>\n<form class=\"download-form SMB\" method=\"post\">\n<div class=\"download-form-part\">\n\t\t\t\t\t\t\t<input class=\"download-form-input\" aria-label=\"Full Name\" aria-required=\"true\" aria-invalid=\"false\" type=\"text\" name=\"fullname\" placeholder=\"Full Name\" data-dl-events-hover=\"true\" data-dl-element=\"text\" data-dl-additional-info=\"download form\">\n\t\t\t\t\t\t<\/div>\n<div class=\"download-form-part\">\n\t\t\t\t\t\t\t<input class=\"download-form-input\" aria-label=\"Email (please enter a work email address)\" aria-required=\"true\" aria-invalid=\"false\" type=\"email\" autocomplete=\"on\" name=\"email\" placeholder=\"Email (please enter a work email address)\" data-dl-events-hover=\"true\" data-dl-element=\"email\" data-dl-additional-info=\"download form\">\n\t\t\t\t\t\t<\/div>\n<div>\n\t\t\t\t\t\t\t<input type=\"hidden\" name=\"popup_form\" value=\"1\">\n\t\t\t\t\t\t<\/div>\n<div><input type=\"hidden\" name=\"Asset_ID__c\" value=\"ODAM-01421\" class=\"download-form-input\"><\/div>\n<div>\n\t\t\t\t\t\t\t<input type=\"hidden\" name=\"Lead_Entry_Source__c\" value=\"RC Blog\" class=\"download-form-input\"\/>\n\t\t\t\t\t\t<\/div>\n<div class=\"download-form-part\">\n\t\t\t\t\t\t\t<button class=\"download-form-submit\" type=\"submit\" data-dl-element=\"button\" data-no-auto-dl=\"true\" data-dl-additional-info=\"download form\" data-dl-name=\"Get it now\">Get it now<\/button>\n\t\t\t\t\t\t<\/div>\n<\/p><\/form>\n<p> \t\t\t\t\t<button on=\"tap:6a1b6e71ae263.toggleClass(class='open')\" role=\"button\" tabindex=\"0\"  class=\"download-form-modal-close\"><\/button>\n\t\t\t\t<\/div>\n<div class=\"download-form-modal-thank\">Enjoy! <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p>\n<hr \/>\n<p><span style=\"font-weight: 400;\">\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u00a0<\/span><\/p>\n<hr \/>\n<p><sup><span style=\"font-weight: 400;\">\u00a0<\/span><span style=\"font-weight: 400;\">1<\/span><\/sup> <span style=\"font-weight: 400;\">review42.com\/what-percentage-of-startups-fail<\/span><\/p>\n<p><sup><span style=\"font-weight: 400;\">2<\/span><\/sup> <span style=\"font-weight: 400;\">smallbiztrends.com\/2019\/03\/startup-statistics-small-business.html<\/span><\/p>\n<p><span style=\"font-weight: 400;\"><sup>3<\/sup> freshbooks.com\/press\/releases\/freshbooks-survey-finds-majority-of-self-employed-professionals-have-no-intention-of-returning-to-traditional-employment-more-than-7-in-10-intend-to-grow-their-business<\/span><\/p>\n<p><sup><span style=\"font-weight: 400;\">4<\/span><\/sup> <span style=\"font-weight: 400;\">forbes.com\/sites\/sophiamatveeva\/2018\/04\/30\/what-makes-great-start-up-teams-and-how-to-find-it\/#6034851616f6<\/span><\/p>\n<p><span style=\"font-weight: 400;\"><sup>5, 7<\/sup> hbr.org\/2019\/03\/what-makes-a-successful-startup-team<\/span><\/p>\n<p><sup><span style=\"font-weight: 400;\">6<\/span><\/sup> <span style=\"font-weight: 400;\">failory.com\/blog\/startup-failure-rate<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The statistics for failure for start-ups are too well known. The idea might be wrong, the capital might be limited, or the opportunity might not be there at the moment the start-up is born.\u00a0 The fact that 10% of start-ups succeed each year1\u00a0is a testament to the remarkable sense of endurance these endeavors have to &#8230;<\/p>\n","protected":false},"author":1022,"featured_media":44272,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[17901,18669,18722],"tags":[7735,556],"class_list":["post-44450","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-leadership","category-verticals","category-startups","tag-startup-success","tag-startups"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v19.3 (Yoast SEO v27.2) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>The formula for start-up success: bringing assets, people, and moments together in one cohesive unit | RingCentral Blog<\/title>\n<meta name=\"description\" content=\"The statistics for failure for start-ups are too well known. The idea might be wrong, the capital might be limited, or the opportunity might not be there\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ringcentral.com\/us\/en\/blog\/formula-for-startup-success\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The formula for start-up success: bringing assets, people, and moments together in one cohesive unit\" \/>\n<meta property=\"og:description\" content=\"The statistics for failure for start-ups are too well known. The idea might be wrong, the capital might be limited, or the opportunity might not be there\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.ringcentral.com\/us\/en\/blog\/formula-for-startup-success\/\" \/>\n<meta property=\"og:site_name\" content=\"RingCentral Blog\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/ringcentral\" \/>\n<meta property=\"article:published_time\" content=\"2020-10-13T16:25:04+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-03-13T13:23:40+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.ringcentral.com\/us\/en\/blog\/wp-content\/uploads\/2020\/07\/Untitled-design-10.png\" \/>\n\t<meta property=\"og:image:width\" content=\"930\" \/>\n\t<meta property=\"og:image:height\" content=\"700\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Michael Gale\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@ringcentral\" \/>\n<meta name=\"twitter:site\" content=\"@ringcentral\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Michael Gale\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/newrcblog.wpengine.com\/us\/en\/blog\/formula-for-startup-success\/#article\",\"isPartOf\":{\"@id\":\"\/us\/en\/blog\/formula-for-startup-success\/\"},\"author\":{\"name\":\"Michael Gale\",\"@id\":\"https:\/\/newrcblog.wpengine.com\/us\/en\/blog\/#\/schema\/person\/c8c2bf6c597fd29d9bec51f14a1376d1\"},\"headline\":\"The formula for start-up success: bringing assets, people, and moments together in one cohesive unit\",\"datePublished\":\"2020-10-13T16:25:04+00:00\",\"dateModified\":\"2025-03-13T13:23:40+00:00\",\"mainEntityOfPage\":{\"@id\":\"\/us\/en\/blog\/formula-for-startup-success\/\"},\"wordCount\":769,\"publisher\":{\"@id\":\"https:\/\/newrcblog.wpengine.com\/us\/en\/blog\/#organization\"},\"image\":{\"@id\":\"https:\/\/newrcblog.wpengine.com\/us\/en\/blog\/formula-for-startup-success\/#primaryimage\"},\"thumbnailUrl\":\"\/us\/en\/blog\/wp-content\/uploads\/2020\/07\/Untitled-design-10.png\",\"keywords\":[\"startup success\",\"Startups\"],\"articleSection\":[\"Business &amp; leadership\",\"Industry insights\",\"Startups\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"\/us\/en\/blog\/formula-for-startup-success\/\",\"url\":\"https:\/\/newrcblog.wpengine.com\/us\/en\/blog\/formula-for-startup-success\/\",\"name\":\"The formula for start-up success: bringing assets, people, and moments together in one cohesive unit | RingCentral Blog\",\"isPartOf\":{\"@id\":\"https:\/\/newrcblog.wpengine.com\/us\/en\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/newrcblog.wpengine.com\/us\/en\/blog\/formula-for-startup-success\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/newrcblog.wpengine.com\/us\/en\/blog\/formula-for-startup-success\/#primaryimage\"},\"thumbnailUrl\":\"\/us\/en\/blog\/wp-content\/uploads\/2020\/07\/Untitled-design-10.png\",\"datePublished\":\"2020-10-13T16:25:04+00:00\",\"dateModified\":\"2025-03-13T13:23:40+00:00\",\"description\":\"The statistics for failure for start-ups are too well known. The idea might be wrong, the capital might be limited, or the opportunity might not be there\",\"breadcrumb\":{\"@id\":\"https:\/\/newrcblog.wpengine.com\/us\/en\/blog\/formula-for-startup-success\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/newrcblog.wpengine.com\/us\/en\/blog\/formula-for-startup-success\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/newrcblog.wpengine.com\/us\/en\/blog\/formula-for-startup-success\/#primaryimage\",\"url\":\"\/us\/en\/blog\/wp-content\/uploads\/2020\/07\/Untitled-design-10.png\",\"contentUrl\":\"\/us\/en\/blog\/wp-content\/uploads\/2020\/07\/Untitled-design-10.png\",\"width\":930,\"height\":700,\"caption\":\"collaboration styles\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/newrcblog.wpengine.com\/us\/en\/blog\/formula-for-startup-success\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/newrcblog.wpengine.com\/us\/en\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"The formula for start-up success: bringing assets, people, and moments together in one cohesive unit\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/newrcblog.wpengine.com\/us\/en\/blog\/#website\",\"url\":\"https:\/\/newrcblog.wpengine.com\/us\/en\/blog\/\",\"name\":\"RingCentral Blog\",\"description\":\"Intelligent Communications\",\"publisher\":{\"@id\":\"https:\/\/newrcblog.wpengine.com\/us\/en\/blog\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/newrcblog.wpengine.com\/us\/en\/blog\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/newrcblog.wpengine.com\/us\/en\/blog\/#organization\",\"name\":\"RingCentral\",\"url\":\"https:\/\/newrcblog.wpengine.com\/us\/en\/blog\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/newrcblog.wpengine.com\/us\/en\/blog\/#\/schema\/logo\/image\/\",\"url\":\"\/us\/en\/blog\/wp-content\/uploads\/2025\/04\/ringcentral-logo.png\",\"contentUrl\":\"\/us\/en\/blog\/wp-content\/uploads\/2025\/04\/ringcentral-logo.png\",\"width\":2048,\"height\":309,\"caption\":\"RingCentral\"},\"image\":{\"@id\":\"https:\/\/newrcblog.wpengine.com\/us\/en\/blog\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/ringcentral\",\"https:\/\/x.com\/ringcentral\",\"https:\/\/www.linkedin.com\/company\/ringcentral\/\",\"https:\/\/www.instagram.com\/ringcentral\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/newrcblog.wpengine.com\/us\/en\/blog\/#\/schema\/person\/c8c2bf6c597fd29d9bec51f14a1376d1\",\"name\":\"Michael Gale\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/secure.gravatar.com\/avatar\/0120909456493cc55fd0aa753f34a2970f4354c2456fd6a73791ebdbc54f8853?s=96&d=mm&r=g\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/0120909456493cc55fd0aa753f34a2970f4354c2456fd6a73791ebdbc54f8853?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/0120909456493cc55fd0aa753f34a2970f4354c2456fd6a73791ebdbc54f8853?s=96&d=mm&r=g\",\"caption\":\"Michael Gale\"},\"description\":\"Michael Gale is the CEO of inc.Digital. He is A Wall Street Journal bestselling author of the global number one selling book on digital transformation, The Digital Helix: Transforming Your Organization\u2019s DNA to Thrive in the Digital Age. He has started and sold two technology companies (SaaS based) and has been a group partner at Monitor Group. He is the host and creator of Forbes\u2019 Futures in Focus podcast on the possible world(s) of 2030.\",\"url\":\"\/us\/en\/blog\/author\/michael-gale\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"The formula for start-up success: bringing assets, people, and moments together in one cohesive unit | RingCentral Blog","description":"The statistics for failure for start-ups are too well known. The idea might be wrong, the capital might be limited, or the opportunity might not be there","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.ringcentral.com\/us\/en\/blog\/formula-for-startup-success\/","og_locale":"en_US","og_type":"article","og_title":"The formula for start-up success: bringing assets, people, and moments together in one cohesive unit","og_description":"The statistics for failure for start-ups are too well known. The idea might be wrong, the capital might be limited, or the opportunity might not be there","og_url":"https:\/\/www.ringcentral.com\/us\/en\/blog\/formula-for-startup-success\/","og_site_name":"RingCentral Blog","article_publisher":"https:\/\/www.facebook.com\/ringcentral","article_published_time":"2020-10-13T16:25:04+00:00","article_modified_time":"2025-03-13T13:23:40+00:00","og_image":[{"width":930,"height":700,"url":"https:\/\/www.ringcentral.com\/us\/en\/blog\/wp-content\/uploads\/2020\/07\/Untitled-design-10.png","type":"image\/png"}],"author":"Michael Gale","twitter_card":"summary_large_image","twitter_creator":"@ringcentral","twitter_site":"@ringcentral","twitter_misc":{"Written by":"Michael Gale","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/newrcblog.wpengine.com\/us\/en\/blog\/formula-for-startup-success\/#article","isPartOf":{"@id":"\/us\/en\/blog\/formula-for-startup-success\/"},"author":{"name":"Michael Gale","@id":"https:\/\/newrcblog.wpengine.com\/us\/en\/blog\/#\/schema\/person\/c8c2bf6c597fd29d9bec51f14a1376d1"},"headline":"The formula for start-up success: bringing assets, people, and moments together in one cohesive unit","datePublished":"2020-10-13T16:25:04+00:00","dateModified":"2025-03-13T13:23:40+00:00","mainEntityOfPage":{"@id":"\/us\/en\/blog\/formula-for-startup-success\/"},"wordCount":769,"publisher":{"@id":"https:\/\/newrcblog.wpengine.com\/us\/en\/blog\/#organization"},"image":{"@id":"https:\/\/newrcblog.wpengine.com\/us\/en\/blog\/formula-for-startup-success\/#primaryimage"},"thumbnailUrl":"\/us\/en\/blog\/wp-content\/uploads\/2020\/07\/Untitled-design-10.png","keywords":["startup success","Startups"],"articleSection":["Business &amp; leadership","Industry insights","Startups"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"\/us\/en\/blog\/formula-for-startup-success\/","url":"https:\/\/newrcblog.wpengine.com\/us\/en\/blog\/formula-for-startup-success\/","name":"The formula for start-up success: bringing assets, people, and moments together in one cohesive unit | RingCentral Blog","isPartOf":{"@id":"https:\/\/newrcblog.wpengine.com\/us\/en\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/newrcblog.wpengine.com\/us\/en\/blog\/formula-for-startup-success\/#primaryimage"},"image":{"@id":"https:\/\/newrcblog.wpengine.com\/us\/en\/blog\/formula-for-startup-success\/#primaryimage"},"thumbnailUrl":"\/us\/en\/blog\/wp-content\/uploads\/2020\/07\/Untitled-design-10.png","datePublished":"2020-10-13T16:25:04+00:00","dateModified":"2025-03-13T13:23:40+00:00","description":"The statistics for failure for start-ups are too well known. The idea might be wrong, the capital might be limited, or the opportunity might not be there","breadcrumb":{"@id":"https:\/\/newrcblog.wpengine.com\/us\/en\/blog\/formula-for-startup-success\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/newrcblog.wpengine.com\/us\/en\/blog\/formula-for-startup-success\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/newrcblog.wpengine.com\/us\/en\/blog\/formula-for-startup-success\/#primaryimage","url":"\/us\/en\/blog\/wp-content\/uploads\/2020\/07\/Untitled-design-10.png","contentUrl":"\/us\/en\/blog\/wp-content\/uploads\/2020\/07\/Untitled-design-10.png","width":930,"height":700,"caption":"collaboration styles"},{"@type":"BreadcrumbList","@id":"https:\/\/newrcblog.wpengine.com\/us\/en\/blog\/formula-for-startup-success\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/newrcblog.wpengine.com\/us\/en\/blog\/"},{"@type":"ListItem","position":2,"name":"The formula for start-up success: bringing assets, people, and moments together in one cohesive unit"}]},{"@type":"WebSite","@id":"https:\/\/newrcblog.wpengine.com\/us\/en\/blog\/#website","url":"https:\/\/newrcblog.wpengine.com\/us\/en\/blog\/","name":"RingCentral Blog","description":"Intelligent Communications","publisher":{"@id":"https:\/\/newrcblog.wpengine.com\/us\/en\/blog\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/newrcblog.wpengine.com\/us\/en\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/newrcblog.wpengine.com\/us\/en\/blog\/#organization","name":"RingCentral","url":"https:\/\/newrcblog.wpengine.com\/us\/en\/blog\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/newrcblog.wpengine.com\/us\/en\/blog\/#\/schema\/logo\/image\/","url":"\/us\/en\/blog\/wp-content\/uploads\/2025\/04\/ringcentral-logo.png","contentUrl":"\/us\/en\/blog\/wp-content\/uploads\/2025\/04\/ringcentral-logo.png","width":2048,"height":309,"caption":"RingCentral"},"image":{"@id":"https:\/\/newrcblog.wpengine.com\/us\/en\/blog\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/ringcentral","https:\/\/x.com\/ringcentral","https:\/\/www.linkedin.com\/company\/ringcentral\/","https:\/\/www.instagram.com\/ringcentral"]},{"@type":"Person","@id":"https:\/\/newrcblog.wpengine.com\/us\/en\/blog\/#\/schema\/person\/c8c2bf6c597fd29d9bec51f14a1376d1","name":"Michael Gale","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/0120909456493cc55fd0aa753f34a2970f4354c2456fd6a73791ebdbc54f8853?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/0120909456493cc55fd0aa753f34a2970f4354c2456fd6a73791ebdbc54f8853?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/0120909456493cc55fd0aa753f34a2970f4354c2456fd6a73791ebdbc54f8853?s=96&d=mm&r=g","caption":"Michael Gale"},"description":"Michael Gale is the CEO of inc.Digital. He is A Wall Street Journal bestselling author of the global number one selling book on digital transformation, The Digital Helix: Transforming Your Organization\u2019s DNA to Thrive in the Digital Age. He has started and sold two technology companies (SaaS based) and has been a group partner at Monitor Group. He is the host and creator of Forbes\u2019 Futures in Focus podcast on the possible world(s) of 2030.","url":"\/us\/en\/blog\/author\/michael-gale\/"}]}},"rc_img_url":"\/us\/en\/blog\/wp-content\/uploads\/2020\/07\/Untitled-design-10.png","rcblog_by_author":"<a href=\"\/us\/en\/blog\/author\/michael-gale\/amp\" data-dl-events-click=\"true\" data-dl-element=\"link\"><span class=\"image\"><img src=\"https:\/\/secure.gravatar.com\/avatar\/0120909456493cc55fd0aa753f34a2970f4354c2456fd6a73791ebdbc54f8853?s=96&d=mm&r=g\" alt=\"\" width=\"30\" height=\"30\" layout=\"fixed\"><\/img><\/span><span class=\"by-author-name\">Michael Gale<\/span><\/a>","rc_author_full_name":"Michael Gale","rc_author_avatar":"\/us\/en\/blog\/wp-content\/uploads\/2020\/09\/MichaelGale_head-shot.pdf","rc_author_link":"\/us\/en\/blog\/author\/michael-gale\/amp","rc_post_categories":"<a href=\"\/us\/en\/blog\/category\/trending\/business-leadership\/amp\">Business &amp; leadership<\/a><a href=\"\/us\/en\/blog\/category\/verticals\/amp\">, Industry insights<\/a><a href=\"\/us\/en\/blog\/category\/verticals\/startups\/amp\">, Startups<\/a>","amp_link":"\/us\/en\/blog\/formula-for-startup-success\/amp","excerpt_title":"The formula for start-up success: bringing assets, people...","_links":{"self":[{"href":"https:\/\/newrcblog.wpengine.com\/us\/en\/blog\/wp-json\/wp\/v2\/posts\/44450","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newrcblog.wpengine.com\/us\/en\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newrcblog.wpengine.com\/us\/en\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newrcblog.wpengine.com\/us\/en\/blog\/wp-json\/wp\/v2\/users\/1022"}],"replies":[{"embeddable":true,"href":"https:\/\/newrcblog.wpengine.com\/us\/en\/blog\/wp-json\/wp\/v2\/comments?post=44450"}],"version-history":[{"count":0,"href":"https:\/\/newrcblog.wpengine.com\/us\/en\/blog\/wp-json\/wp\/v2\/posts\/44450\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newrcblog.wpengine.com\/us\/en\/blog\/wp-json\/wp\/v2\/media\/44272"}],"wp:attachment":[{"href":"https:\/\/newrcblog.wpengine.com\/us\/en\/blog\/wp-json\/wp\/v2\/media?parent=44450"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newrcblog.wpengine.com\/us\/en\/blog\/wp-json\/wp\/v2\/categories?post=44450"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newrcblog.wpengine.com\/us\/en\/blog\/wp-json\/wp\/v2\/tags?post=44450"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}