The document outlines key ingredients for entrepreneurial success. It finds that entrepreneurs with professional experience are more likely to succeed, raising more money and seeing better growth. It also finds that having a business plan nearly doubles chances of success versus not having a plan. Certain personality traits like openness and agreeableness also correlate with entrepreneurial success, while narcissism and emotional instability can hinder it. The document concludes that mentors can help new businesses by providing guidance, as entrepreneurs who work with mentors are more likely to start successful businesses and hire employees.