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According to the Mckinsey research, for every 7 product ideas only 1 succeeds.

So are 80% of ideas not worthy?

In most cases, the projects fail due to a lack of budgets and weak development process.

Today, I am not going to talk about the first issue, everybody is on and on about it.

I am going to share the vital tips on setting up the processes to kickstart your idea.

Some say, all those planning and processes are not for startups.

Well...we just have to face it that usually they are among those 6 that do not succeed.