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This applies to a narrow definition of a start-up. How do you account for businesses that require high-level or academic expertise of the product? Or a sound un
by rafiki6 9y ago
This applies to a narrow definition of a start-up. How do you account for businesses that require high-level or academic expertise of the product? Or a sound understanding of the market? Your chances of success are much higher with any endeavor, when you eliminate risks of failure. I found this article rather enlightening :http://journals.sagepub.com/doi/abs/10.1177/0269094215589143 http://journals.sagepub.com/doi/abs/10.1177/0269094215589143 It speaks about entrepreneurship education which is a form of mentor ship and training. A wise person will learn from the mistakes of their predecessors. Granted, every business will have some slight differences and required ADAPTABILITY. But there's plenty of value in learning from others. Companies the likes of FANG etc. all seemed to bring in expertise and experience or what is colloquially known as adult supervision once investors got involved. Don't believe the hype that these companies are successful because some 20 something is brilliant.