Don’t Self-Combust
START-UPS ARE USUALLY HOTBEDS of innovation. They buzz with an energy and excitement that only fresh ideas and new possibilities can bring. They also are full of risk, which is why many never truly get off the ground. The qualities that entrepreneurial souls bring to their ventures—passion, courage, and tenacity—are not enough to propel them into orbit, or to keep them there. After observing hundreds of start-ups, Amar Bhidé distills his advice in the article “The Questions Every Entrepreneur Must Answer”: What are my goals, for myself and for my business? Do I have the right strategy for the trajectory I envision? Can I execute the strategy with the resources I’ve got? These three questions are critical for helping entrepreneurs analyze their unique situations, prioritize among numerous opportunities and problems, and…