You can understand🔎 why startups fail by understanding why Russia cannot be invaded and conquered...
They both tie back to a single concept: Strategic Depth...👇
They both tie back to a single concept: Strategic Depth...👇
Russian has a truly massive geographic footprint, with Moscow and the west on fairly open and flat land. Its major geographic barriers are far away, but the distance is the key to their protection.
During WW2, Russia moved their factories by train far into the east. Eventually, they build a massive fleet of tanks & aircraft that allowed them to force the Germans back.
If it wasn't for the DEPTH of their great nation, then all of Europe may have fallen.
If it wasn't for the DEPTH of their great nation, then all of Europe may have fallen.
Startups do not have Strategic Depth yet, they're too young to have built up reserves. Venture Capital is often raised and used as a substitute for that, but it is delaying the inevitable.
Growth capital is for expansion, not survival. Few businesses require much in the way of startup capital to test or develop an idea.
You need less to grow then ever before, and so we need less depth before we can take risks in our businesses.
You need less to grow then ever before, and so we need less depth before we can take risks in our businesses.
The trick, however, is balancing risk, rewards, and our reserves (Strategic Depth as an entrepreneur).
Ask yourself: How much land can I lose before my empire is no more? How can I expand my strategic depth?
Ask yourself: How much land can I lose before my empire is no more? How can I expand my strategic depth?
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