I talk with many startup leaders and I find many believe that their "science project" is a legit startup business, but its not.
Let me try to articulate the difference between a real startup business and a science project.
Here goes.
There are two types of early organizations: those that behave like science projects and those that operate with the sustainability of a well-oiled business. It might seem like splitting hairs at first, but the distinction is everything. One is obsessed with research and discovery, driven by novel ideas but often spinning wheels in uncertainty. The other has ...