The right recipe for startup success requires an equal mix of a good strategy or idea powered by a experienced management team that knows how to execute the plan. If you typically have only one of the key ingredients, your startup won’t succeed. In terms of ranking these two critical elements, bet on an A+ team executing a B+ idea rather than a B+ team executing an A+ idea. Building startups is really hard. The team makes the entire difference.
Read the rest of this post in Entrepreneur, which I guest authored this week.
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