CNBC
Magnus Grimeland, Antler founder and CEO, and Jussi Salovaara, Antler co-founder and managing director, speak at the start-up generator’s demo day in Singapore on January, 9. 2019.
Unlike traditional start-up accelerators — which typically help early-stage businesses — Antler looks for individuals with entrepreneurial potential, then helps them find co-founders and develop their business ideas.
That approach is potentially more risky, but it also provides scope to find individuals with hidden potential, according to Antler’s co-founders Magnus Grimeland and Jussi Salovaara. In Castagne, Fang and Wong, they said they found the three key traits they were looking for.
1. The spike – Something that an individual is really great at, whether that’s a personality trait or a passion of theirs.
2. Inner drive – Proof that they’re a self-starter and have the ability to motivate themselves and others.
3. Tenacity – The perseverance to keep going, especially when things become most challenging.
Early-stage start-ups are often only as good as their founders, noted Grimeland, who is also CEO of Antler. As such, it’s important to make sure those individual traits are in place before anything else, he said.
“A lot of great start-ups, they fail because people actually gave up, but not because they didn’t have a great idea and a great team.”
from Update News Zone http://bit.ly/2DDyOlC
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