NovaXyon Entrepreneurial How Israel’s Resilience Will Lend a hand Triumph over This Warfare And Come Out More potent

How Israel’s Resilience Will Lend a hand Triumph over This Warfare And Come Out More potent



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This past Saturday, Israel experienced the biggest act of terror that has ever occurred, with more than 900 people massacred, thousands wounded, and over 130 kidnapped.

To put things into perspective, the US population is about 330 million people. Israel’s population is about nine and a half million – this is a 35:1 ratio.

900 people slaughtered in a terrorist attack in Israel is equivalent to 30,000 people murdered in the U.S., this is more than 10 times more than the number of people who died in the 9/11 terror attack, and more than 10 times the casualties of Pearl Harbor.

Let me just reflect that back to you, assume you’re an American and there is a terror attack on U.S., soil that kills more than 30,000 people – what would you do? Because this is exactly what Israel should be, and is, doing right now.

The Israeli government, army and civilians were not ready, and I’m pretty sure that down the road there will be an investigation about how exactly that happened, and how to prevent a future one. But before anything else, you must understand the magnitude of this attack and the vast implications, some of which are too soon to determine.

Israel has one huge strength – its people. No matter what happens, they will recover and grow even stronger than before.

Right now, the Israeli hi-tech ecosystem, with my startups included, is focusing on helping the survivors and the injured, the soldiers, and civilians that are still under attack, while more than three thousand rockets were and, at the time of writing, are still fired toward the most densely populated areas in Israel.

This week will be hard and challenging in Israel, but later – it will be better. The hi-tech sector will end up stronger than before. Let me explain why. This is also the explanation for why Israel is considered a world leader in building startups:

Four Cornerstones That Will Help Israeli’s Tech Ecosystem Overcome the War

In general, there are four cornerstones for any startup ecosystem, and the same goes for Israel as a country. Though in Israel there is also a fifth element.

1. Entrepreneurship spirit – this widespread Israeli characteristic relies on a minimal “fear of failure’ culture.

At the end of the day, people will embark on the entrepreneurial journey when their passion is way higher than the combination of fear of failure + alternative cost. If you lower the fear of failure, you will end up with more startups.

2. Investors, in particular international ones, of which we are blessed with in Israel.

The current government, with its plans to change the judicial system, has hurt the hi-tech ecosystem. A terror attack won’t, at least not for the long term. We might see a slowdown in the investment flow in the short term, but not in the long run.

3. Engineers – the good news is that Israel has a great number of engineers and very good ones that can, and will, continue to drive the hi-tech ecosystem forward.

4. Experience – a second-time entrepreneur has a much higher chance of being successful, regardless of what happened the first time. There are more and more second/third/fourth/multiple times entrepreneurs in the Israeli ecosystem today than ever before.

These four cornerstones are not unique to Israel, they are the same in San Francisco, Boston, London, or Berlin. But Israel has something rare, the fifth element, mandatory military service.

The Fifth Element – Mandatory Military Service

Now, everyone understands why this is needed and I would like to quote Israeli Prime Minister, Golda Meir, 50 years ago, who said “If they would put down their weapons – there will be no more war. If Israel puts down its weapon – there will be no more Israel.”

This mandatory military service has generated strong, resilient and better-skilled people where it matters. People with perseverance, in leadership positions, ready to work in teams, and with extreme loyalty.

While acting under pressure like in the recent events, the fifth element becomes much stronger, and the result is that we can expect many, many good years for the Israeli ecosystem. Israel will come out of this crisis stronger.

One parting thought from me; tough times create stronger people, strong people create easy times, easy times create soft people, soft people create tough times. Now is a tough time for Israel.

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4 thoughts on “How Israel’s Resilience Will Lend a hand Triumph over This Warfare And Come Out More potent”

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