coachability
/ˌkoʊtʃəˈbɪlɪti/
Definition
The capacity of a founder to receive feedback, incorporate professional guidance, and adapt their business strategy to meet investor standards.
Etymology
Derived from 'coach' (originally meaning a horse-drawn carriage, later evolving to denote an instructor) combined with the suffix '-able' and the noun-forming suffix '-ity.' It emerged in modern business parlance to describe an individual's receptiveness to professional development.
In the news
In this article, investors look for coachability as a key indicator that a startup can refine its business model and succeed under professional mentorship. It is presented as a crucial trait that makes a company a more attractive, low-risk investment.
Funding Preparedness: Philly's New Playbook for the Venture Capital Reset
Read the full article ↗BriefGlance