Why We're Building 24 Ventures

Most startups fail. It's a harsh truth that every entrepreneur knows but few truly embrace in their strategy.

At MYX Studio, we're not just accepting that reality—we're turning it into our competitive advantage through the Power Law Strategy.

The Math Behind the Madness

The traditional startup approach is straightforward: build one company, give it everything you've got, and hope it succeeds. With a typical 5% success rate for venture-backed startups, that means a 95% chance of failure.

But what if instead of betting everything on one venture, you built 24?

The math becomes compelling:

Success Probability = 1 - (1 - 0.05)^24
                    = 1 - 0.95^24
                    ≈ 70.87%

By building 24 ventures, we increase our probability of having at least one successful outcome from 5% to over 70%.

Why This Works

1. Portfolio Diversification

Just like in investing, diversification reduces risk. We're building across different:

Market segments (B2B, B2C, B2B2C)
Problem spaces
Business models
Geographic markets

2. Shared Learning

Every failure teaches us something. With 24 ventures, we learn 24x faster than a traditional startup studio.

3. Resource Efficiency

By sharing:

Design systems
Development frameworks
Operations processes
Marketing strategies

We can build each venture more efficiently than starting from scratch.

The Path Forward

We're currently at 5 ventures launched, with a 22.6% probability of success. Each new venture we launch increases those odds.

Our goal isn't just to build 24 companies—it's to build a system that consistently generates successful ventures.

Want to learn more about our approach? Check out our services or reach out to discuss how we can help your venture.

This post is part of our ongoing series on venture studio methodologies. Follow our blog for more insights.