Resilience as a startup is something that most startup companies struggle with. The reason being is that they don’t understand how to properly define resilience. There is such a wide spectrum of things that are considered resilience in the start-up world, but you have to know what these things are before you can truly understand what this means.

Resilience is a concept that has many different definitions. One definition would be “the ability to bounce back”. This is a very broad definition that can mean many different things to many different people. Some definitions suggest resilience should be used to describe being able to bounce back from adversity. However, some think this doesn’t necessarily indicate that you can bounce back from adversity because it takes a long time to bounce back from adversity and many factors go into this.

For a start-up, having true resilience means being able to keep going no matter what goes on. It means being able to take criticism and change your way of thinking. It also means being able to handle any challenges or problems while flinching, but bouncing back. Having true resilience is what allows you to come out on the other side a winner, but one that has taken a lot of damage or heartache but keeps you motivated so you can keep going.

Use a business coach
Having the ability to bounce back

When we talk about resilience as a startup, we are talking about being able to deal with the ups and downs of starting up a business. These ups and downs can be scary and stressful and can leave an entrepreuner feeling exhausted and worn down. You may find yourself thinking that it is impossible to keep going and you can’t do anything about it. This is where resilience comes in. If you can deal with the ups and downs of running a business then you have resilience. If you can’t keep your head held high then you probably have less resilience than you would have if you dealt with the ups and downs, so try to deal with them to make you stronger. Coaching can help you build this up by focusing on the right action, at the right time. 

If you want to build up your resilience as a startup, it helps to learn as much as you can about what you are up against. You need to look at the competition and what they are doing. This can include their product line, their marketing and their ability to keep the public satisfied. You may also need to take a look at the industry that you are in, what it’s dealing with, and how it is effecting it overall. It is important to look at what is going well and see if there is anything in history you can learn from.

If you would like to understand more about developing products as a start-up or within an organisation, follow me here as I post weekly, visit my website and also connect with me on Linkedin.