Entrepreneurial founders in life sciences often get derailed as they lead organizations into their third or fourth years. Vivek Ramaswamy, founder and CEO of Roivant Sciences, thinks that’s because starting a new kind of company means breaking norms, while scaling a business requires adhering to them:
You don’t want to “innovate” in the way you do financial reporting, or the way you assess your risks for public investors…Scaling involves a certain degree of conforming, and I think that that is just a reality.
In this video, Vivek and Alisa Cohn — recently named the Top Startup Coach in the World at the Thinkers50/Marshall Goldsmith Global Coaches Awards — reflect on the great things that other people can do for founders, if they're allowed to.