Research has revealed that startups based on a personal pastime are less likely than others to generate early sales and reach profitability.

Question

Quizplus · Accepted Answer

Research has shown that startups based on a personal pastime or passion are often more successful in generating early sales and reaching profitability. This is because founders are typically more motivated, knowledgeable, and connected within the industry of their hobby, which can lead to a stronger initial business launch and customer base.

Research Has Revealed That Startups Based on a Personal Pastime