According to the text, for an entrepreneurial start-up to be successful, three ingredients are critical. They are a viable opportunity, available resources, and a qualified and motivated founding team.
When a business is viable, it means it is able to continue operating. The ability to survive depends on one's financial situation and productivity. If a company is profitable and able to pay its debts to creditors while also giving the owner a return, that company is considered to be viable.
A business is (or has the potential to be) successful if it is considered to be viable. Profitable businesses bring in more money than they spend on operating expenses, which is the definition of a viable business. It is challenging to recover if a business is not viable.
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