Why most startup founders burn out — and the stunning practices that construct resilience, spark creativity, and preserve you forward of the sport.
“Let’s create a restricted, write a pitch deck, after which run for buyers,” my buddy grinned, recent out of an incubation program and armed with recommendation that appeared to boil down to 1 factor:
“Pitch to buyers.”
20 years in the past, this wasn’t the norm.
Again then, constructing a enterprise meant discovering prospects quick, creating steady cashflows, and perfecting a high-performing system over time.
Solely when the primary pillar ran on autopilot did founders take into consideration their subsequent large concept.
Right now?
The subsequent large factor turns into the first factor.
Traders and public funds have changed the grind of “discovering prospects” in lots of European startups. Some firms evolve into profitable ventures, however when it’s time to scale, cracks usually seem.
Management recommendation floods the market relating to blitzscaling.