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The dissertation study will address how academic background or professional experience has an impact on startups. Currently, there is limited information that can be gleaned to accurately point to specific characteristics that drive successful startups. The problem statement has limited research providing conclusions around characteristics impacting successful business startups. Limited research indicates academic background or experience has an impact on a startup. The analysis is based on data from trustworthy and approved open sources. The dissertation presents reliable facts relevant to the subject's concerns while supporting each viewpoint. The open-source data was employed in a correlational manner to investigate correlations between the variables in the data.