Even when startups have great products and customer interest, they struggle with long-term growth. Often, our research shows, the biggest obstacles are the entrepreneurs themselves. To borrow an analogy from our Harvard Business School colleague Shikhar Ghosh, their firms aren’t murdered by the market; they commit suicide because the founders can’t or won’t adapt to the organizations’ changing needs.
Startups Can’t Revolve Around Their Founders If They Want to Succeed
The company has to transcend any one individual.
March 04, 2016