Business Angels and VCs decide daily whether an investment is worthwhile. For this purpose, pros and cons are weighed, all eventualities and probabilities are calculated. Only one essential question could not be answered well-founded so far. The team question: one of the main reasons why 9 out of 10 startups fail.
"The best business plans and all calculations are completely invalid if the founding personalities are not up to the task," says CEO Thomas Stranig. EDD was developed to close this gap.
EDD measures success-relevant characteristics places them in a corresponding benchmark context and thus makes potential and risk factors visible in advance. The digital tool measures the characteristics of a total of 21 traits that distinguish successful entrepreneurs and support rapid growth - from self-efficacy and solution orientation to charisma, risk propensity, discipline, and value orientation.
The 3 dimensions
Emotional maturity and resilience: How stable are the personalities? Are they able to meet the challenges they face with confidence and solve problems efficiently?
The energy level and stamina: How strong are the characteristics that have a direct impact on working methods and output? Can the naturally high initial energy level be maintained over a longer period of time?
Orientation and inner drive: Where does the energy come from? What motivates, what are the real, intrinsic goals and values?
1 + 1 > 2: EDD not only illuminates the individual actors but above all makes their interaction as a team visible. This shows how well the personalities complement each other and where there may be a potential conflict. EDD can also provide a valuable basis for distributing roles and areas of responsibility. Not only in the founding phase but whenever a new team constellation arises or is contemplated.
The optimum speed: overheating threatens engine damage
When it comes to traits that are relevant to success, the maximum is not always positive: Certain traits can be both a strength and a weakness. If these are present to an excessive degree, they can turn destructive and even become a danger to the team and the entire company. It is therefore a matter of finding the optimum level that will ultimately lead to success.
EDD provides decision-makers with a tool that not only complements traditional legal, tech, and financial due diligence, but also forms a sound basis for reflection, optimization, and strategic team maneuvering.
EDD can be booked at app.edd.team
Media Contact
Company Name: EDD Research GmbH
Contact Person: Thomas Stranig
Email: Send Email
Address:Softwarepark 37
City: 4232 Hagenberg
Country: Austria
Website: https://www.edd.team/en/
