2min snip

Acquired cover image

Starbucks (with Howard Schultz)

Acquired

NOTE

**Playing defense is bad **

Founder-led companies often rely on the entrepreneurial spirit of the founder for success, but this can hold them back in their second act. Companies that lose their entrepreneurial DNA and start playing defense, out of fear of failure, are at risk of failure. It's crucial for companies to maintain an offensive mindset and not become complacent with past successes.

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