Top 5 Amazing Success Reasons of Israel

Israel is frequently referred to as the “Startup Nation.” A startup is a company that introduces a new product or service to the market. It boasts the highest per capita number of startups. That indicates one startup firm exists for every 1400 people, implying that Israel has roughly 6000 companies. This type of entrepreneurial mindset is not found in any other country on the planet. Apart from that, when it comes to Nasdaq, the world’s second-largest stock market, Israel has the second-highest number of listed businesses behind the United States. These aren’t modest businesses; they’re multibillion-dollar enterprises.

 

So, friends, let’s speak about the Jewish secret sauce, the magic sauce that makes them so successful. In the book “Startup Nation,” I’ve identified five primary reasons why Israel and its people are so accomplished. Let’s take a closer look at each of these five reasons.

“Fail, Fail Fast, and Fail Forward” is a Jewish principle

One of the main reasons for Israel’s success is that its people live by the motto of “Fail, Fail Fast, and Fail Forward.” In Israeli society, they celebrate failure and encourage risk-taking. Moreover, they embrace initiative enthusiastically. If you look at other countries throughout the world, particularly those in the third world, if you fail in business or any other endeavor, your family and peers will humiliate you to the point where you will become depressed. Jews are not scared to take risks and take initiative because they know that even if they fail, their society will provide them with countless opportunities to achieve. This is a very positive aspect of Israeli society, as it encourages people to start businesses and eventually become prosperous.

There is a strong emphasis on research and development

When it comes to research excellence, Jews are unrivaled. This is demonstrated by two factors.

As you can see from the graph, Israel spends the highest money on research & development as a percentage of GDP in the world. Furthermore, it is clear from the graph that whatever country conducts the most expensive R&D is one of the top countries. Because Muslim countries have a propensity of importing and buying technology without understanding how its mechanics and theory function, the United Arab Emirates is ranked at 0%. That is why their human development index is still at such a low level.

Leading technology corporations’ research centers across the world

 

Another point to consider is that Israel is home to research centers for some of the world’s most well-known technology businesses, including Google, Microsoft, Amazon, and Facebook. With the requirement of a new product, it develops in Israel and then ships it around the world. The reason for this is that Jews are born with a natural proclivity for study, which these technology corporations take full advantage of. The Israelis place a strong emphasis on education, which is the third reason for their success. They place a significant emphasis on information and brainpower in education to find practical answers to societal challenges.

In this regard, they began establishing universities over 100 years old in 1912, such as the Technion Institute of Technology. Similarly, they established Hebrew Science University in 1925 and the Weizmann Institute of Technology in 1934. Now you can see that Israel’s focus was on Science & Technology even 100 years ago since they realized that scientific approaches were the key to progress in the modern world. For Israel, this thought process was a game-changer.

 

Chutzpa is another reason behind Israel’s Success:

Jews don’t believe in the status quo. Even if their boss is wrong, they will never obey him blindly. They will straight away tell him that he is wrong. Jews never prioritize their emotions and feelings over their objectives. Therefore, they immediately take the solution to any problem or societal issue because they acquire straight thinking. This “Chutzpa” is the fourth reason for their success.

 

Mandatory Military Services for 3 years for all citizens:

Every Jewish citizen must serve in the military for 2 to 3 years. It produces the capabilities like self-reliance and how to become a natural leader. It also strengthens their decision power which helps the business establishment. If you look around the world, the countries where military service is mandatory, like South Korea, we see they are more advanced. It helps in building decision power in individuals also inculcates the capability to get the solution to every problem.

For More Amazing Facts And Latest News Updates, Click Here