Final answer:
A startup's success is greatly enhanced when the founders and team share the same vision, which maintains alignment and focus toward the company's goals. A shared vision demonstrates a collective belief in the startup's potential success.
Step-by-step explanation:
The chances of success are greater when the lead entrepreneur and the team share the same vision. A shared vision amongst the founding members of a startup ensures that all team members are aligned toward the same goals and direction for the company. This alignment is crucial for a young startup, which is inherently a risk, as it sustains collective focus and motivation despite the unpredictability and challenges that come with establishing a new business. When founders invest their own money and time into the firm, they further demonstrate their belief in the startup's potential success. Angel investors and venture capitalists also play a role by closely engaging with the managers and understanding the business plan to advise and overcome any imperfect information that may exist.