Entrepreneurship = adversity + human capital
Startups grew not just despite the obstacles, but also because of them. Finding solutions to every conceivable challenge (and some inconceivable ones) forces the entrepreneurs to build a resilient operation
many entrepreneurs learn that their ability to overcome extrinsic adversity and to successfully create value in extremely adverse environments can be a competitive strategy and a barrier to entry.
Notes from the book, Worthless, Impossible and Stupid: How Contrarian Entrepreneurs Create and Capture Extraordinary Value by Daniel Isenberg