Week 7 - MBA 6101 - Ascend your Start-Up

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Hello,

Churchill said that the only thing worse than fighting with allies is fighting without them (Franklin D. Roosevelt Presidential Library and Museum, 2016). A start-up cannot go at it alone. Friends must be made with investors who are willing to put forth their funds to help the start-up grow in return for a stake. The founder must understand their limitations and work to reinforce these gaps. Alliances must not be thought down upon. Even the mighty and militaristic Spartans of ancient Greece did not dare oppose the Persian empire without the support of the gentler Athenians. No start-up, no matter how well positioned can elbow its way onto the world stage without help.

Pride must be swallowed to not give way to foolishness. Yet the founder should not rush into poor alliances that negate the start-ups greatest strengths. Helen Yu advises finding an investor who compliments the start-up’s capabilities (Yu, 2021). The alliance is to bolster the start-up’s strengths because at this stage in the start-up’s lifespan, a strong wind alone can rip the up the roots. The investor makes the start-up resistant to winds of adversity.

In turn for providing funds to the start-up, the investor receives some ownership of the start-up. As such, the founder should only give up as much as they are willing to lose. To cede part control on something the founder created must be done so only after careful examination of the situation. Can the founder find alternative source of funds? Is the investor the right investor? What are the risks? All questions that should be asked, and only acted upon once thoroughly thought out.

 

Citations:

Franklin D. Roosevelt Presidential Library and Museum (2016). D-Day: FDR and Churchill’s “Mighty             Endeavor”. Retrieved from https://www.fdrlibrary.org/mighty-         endeavor#:~:text=Churchill%20observed%2C%20%E2%80%9CThere%20is%20only,mighty%20en      deavor%E2%80%9D%20even%20more%20remarkable.

Yu, H. (2021). Ascend your Start-Up. Made for Success Publishing


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