We expect them to be visionaries, highly intellectual, creative, and charismatic. Yet what worked for Steve Jobs and Elon Musk, would not necessarily work for the other 99% of founders. We would like to draw emphasis to a different set of characteristics - ones that have an even stronger correlation with future success and are often overlooked.
These traits all correlate with a key overarching trait - resilience. The power to move forward when facing adversity is essential in the ever-changing world of startup life. While it is hard to disagree with the importance of resilience, identifying it in startup founders can prove difficult, especially during a due diligence process.
Following are what we consider to be the building blocks of the resilient founder and some key indicators for their detection.