Why is a startup studio more efficient than a traditional startup?

The Startup Studio model is designed to overcome the usual limitations of creating a “traditional” startup to create “better startups” and increase their chances of success.

The following elements make our startup model a winning model:

Experience – A startup studio comprises professionals with years of entrepreneurial experience who can avoid the common mistakes of a novice founder and implement the most relevant and best practices. In the early stages of startup creation, the startup team acts as the founding team and guides the new startup in the right direction from the beginning.

Methodology – To pursue a parallel entrepreneurial strategy, Risense uses a lean startup methodology to develop multiple initiatives in the ascent stages effectively. In the case of a “traditional” and independent startup, the ability to choose and follow a precise work method is highly dependent on the competence and experience of the founders.

Lack of Bias – A “traditional founder” is usually “in love” with their idea and motivated to pursue it at all costs. Conversely, a startup studio will only take risks on ideas if there is proof that they can succeed. Suppose a business idea needs to gain traction. In that case, Risense’ best interest is to reinvent, change, or even abandon it altogether and reallocate its resources and the entire work team to alternative, more promising business ideas.

Decision-making processes – The strength of a startup studio is built by the professional team and the investors who support it. At Risense, we have adopted holacracy as our management approach to maximize the skills and experience of each team member, eliminate individual biases, and base every decision on objective data. This action allows us to avoid “custom performance” and many of the common mistakes of a traditional startup.

Resources – A startup studio can immediately provide financial and human capital to a new startup, validate its business model before its formal creation, and accelerate its development from the beginning. A traditional startup can hardly count on comparable resources and skill sets before successfully raising at least the first round of funding.

Not. Incubators and accelerators only select existing startups for their programs and then provide them with consulting services and workspaces. Instead, a startup studio builds new startups from the ground up and injects its financial and human capital.

The Startup Studio model is the ideal solution to help companies achieve their open innovation goals thanks to agile and precise processes and an effective combination of human and financial capital.

Typically, a company faces the following barriers to innovation:

• Competing priorities because the current business, with its goals and objectives, inevitably leaves little room for innovation.
• lack of internal processes and tools to manage and coordinate any innovation efforts;
• Sourcing and retaining the right talent to develop and execute your innovation strategy;
• The effort is required to integrate new solutions independently developed outside the company.

A crucial part of Startup Studio’s strategy is identifying profitable business niches to focus on when creating new projects. To identify new opportunities, our startup studio uses a proprietary AI software that collects and analyzes information from multiple sources, including structured databases (e.g., Crunchbase, Dealroom, Pitchbook…) and unstructured data (such as industry news, social media, blogs, forums, etc.).