Every start-up consists of some mix of the same three ingredients: ideas, leadership, and capital. Their importance to the success of a start-up rank: (1) leadership; (2) ideas; and, (3) capital.

Interestingly this is the same order for their level of scarcity (leadership is both most important and most scarce).

Maybe more interesting is that the scarcity gap continues to widen.


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Agreed. Ideas are great but without leadership they don’t see the light of day.

Mark S added these pithy words on Nov 18 06 at 7:08 pm

Agreed. Ideas are great but without leadership they don’t see the light of day.

Mark S added these pithy words on Nov 18 06 at 11:08 pm

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Start-Up Ingredients

Posted on 10.22.06 to Startup Strategy. Subscribe to follow comments on this post. 2 comments. Add your thoughts or trackback from your own site.

Welcome to the conversation.

Hi, I'm Fraser and this is my personal site where I write about the things I'm interested in: start-up strategy, the web, music, and life.

My days are spent commercializing emerging technologies. Currently I'm helping to deliver the promise of semantic web to the consumer market at AdaptiveBlue. Previously I was at Trivaris, a Canadian seed stage investment firm.

I am a co-founder of Innovation Night, a community driven event supporting entrepreneurship in Canadian and US cities.

Here's what I'm doing right now:

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