In startups, if you don't take risks, you double down on risk. There's the stuff we can see and quantify, but then there's the silent, creeping risk of doing nothing at all, and the blind spots where we can't predict what might happen. So, when you go for the moonshot strategies, you're not just dealing with the known devils of old ways but also wrestling with new, shadowy risks from your fresh moves. Sounds like we're just piling on the risks, right? Well, yes and no. On one side, you're cutting down the clear and present dangers and the stagnation of standing still. But on the flip side, you're opening up a whole new playground where you can master the art of risk management. This isn't just about surviving; it's about thriving, creating opportunities that can potentially squash the risks you've just stirred up. Why both yes and no? Because it all hinges on how you play the game—assessing, then cleverly passing off those risks where you can. That's the startup ethos: embrace the chaos of new risks, because that's where the real game-changing opportunities hide. If you're not pushing boundaries, you're not playing to win. You're just waiting to lose.
Brilliant Serge Shilnow - No risk - No rewords
Great points! It's a well-articulated reminder that risk isn't just about avoiding failure, but about strategically embracing the right failures in pursuit of something bigger. The focus on skillful risk management is key!
Interesting thoughts Serge Shilnow I'm sure that a lot of entrepreneurs have an understanding that taking calculated risks is not just a strategy, but a necessity for the survival and growth of their startups. I can see that by actively embracing our new challenges and pushing boundaries with 5D Hub, we managed to create opportunities to innovate our products that will disrupt markets, and potentially even mitigate the risks.
I think you’re right: a startup without risk is just playing it safe, and that’s a trap. If you don’t take bold steps, you’ll end up stuck and missing out on growth. But risk doesn’t have to be a bad thing if you manage it right. It’s not about jumping in without thinking - it’s about planning for what could go wrong, staying flexible, and finding ways to share or avoid unnecessary risks. Startups live in chaos, and that’s where the real breakthroughs happen. If you’re not taking risks, you’re not moving forward—you’re just slowly losing.
Thank you Serge Shilnow for your insightful post. We think moonshot strategies can significantly impact long-term startup success by driving transformative innovation and positioning companies as industry leaders.
😀 👏 👍
Love this, anything is better than nothing!
I agree 100%, especially in the face of rapidly changing trends and more and more new tools and the introduction and development of AI. You definitely need to feel for something new and not be afraid to take risks when testing new development strategies. The only question is how to do it without draining the budget and it's super cool that 5D Hub has found more than one optimal solution for such tasks)
Great insight—embracing calculated risks in startups isn't just about survival, but about unlocking new opportunities and staying ahead by turning uncertainty into a strategic advantage.
Phd
9mointeresting thought