According to Wikipedia, faith is defined as follows: the confident belief or trust in the truth or trustworthiness of a person, concept or thing. Yup, sounds about right when describing what it takes to succeed with a startup. Of course I’m talking about innovative and not replicative entrepreneurs.
For entrepreneurs and their startups, faith is a critical element. There are so many variables acting against the success of the business including:
- market timing
You have to be a little crazy, and have a great deal of faith, to launch a startup — it is worth every minute.