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Many startups fail, so it’s no wonder that aspiring leaders are fascinated with uncovering a blueprint for success. But beating failure is so much more than a formulaic data sheet or a game of statistics. It’s about balancing the interplay of contradictory pressures toward finding a sweet spot of innovation and entrepreneurship. Startups, by definition, are disruptors.
From their conception, they’re often viewed with skepticism, scrutiny and opposition. No specific blueprint or mechanism can ensure survival in such a climate of resistance. Still, this doesn’t mean you should throw your hat into the ring without investigating good practices first — far from it.
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