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Why only 4% of the entrepreneurs are successful while all others fail? Loredana Pădurean, co-author of Nail It, Scale It, Sale It, builds a compelling case around outdoor activities metaphors. While the early-stage entrepreneur is a jungle trekker, a more established organization is a mountain hiker. Prof. Dr. Loredana Pădurean is the Associate Dean of the newly established Asia School of Business in Kuala Lumpur, Malaysia in collaboration with MIT Sloan School of Management. She is an International Faculty Fellow at MIT Sloan in Cambridge, MA, USA with global teaching and speaking experience in US, India, Italy, Switzerland, Malaysia, Australia and beyond. She is a serial failed entrepreneur with interesting takeaways from the world of hospitality, consulting and education that are captured in her most recent work Nail it, Scale it, Sail it, a co-authored research that addresses the need to understand the development and evolution of start-ups. This talk was given at a TEDx event using the TED conference format but independently organized by a local community. Learn more at https://www.ted.com/tedx