I know it’s popular to say “Ideas are easy. Execution is everything,” but I disagree. If ideas are so easy, why are most business ideas so bad? The opportunity you identify, and focus on, matters a lot.
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Solid point. What questions can someone ask to make sure they are building the right thing? I'm sure you've written about this...
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I remember reading a book (forget which one) that talked about looking at three things: → the founder skillset → the opportunity/market trends (ie, Shopify & Rise of Commerce) → Solving a painful, real problem
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I think a big part of the equation is also marketing and connections. Many businesses, especially small ones, don't have the know-how or resources to bring in enough customers when starting. If this period lasts too long, mental strength to continue dwindles rapidly.
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Yep. Think this is totally undervalued. And momentum is huge.
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