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One interesting thing I've learned as a technical founder is that the difference between lame business people and great business people is actually just as big
by nicodjimenez 8y ago
One interesting thing I've learned as a technical founder is that the difference between lame business people and great business people is actually just as big as the difference between lame engineers and great engineers, if not bigger. Great business people and investors will give you actionable insights, lame business people will give you generic business advice that will waste your time.
- nikanj 8y agoFinancials/execution/governance are surprisingly similar to programming. You have to have a solid overall design, and a bug-free implementation. A great architect creates frameworks and structures that enable less-experienced people to be productive as well, while simultaneously making many of the typical errors impossible. In a typical startup, the "business guy" is responsible for both the business insights, and the actual running of the corporation. On the other side of the fence, the technical finder is responsible for the product ownership and implementation. Both parties would benefit from reflecting on the similarities. One of the big ones for me was realizing a "business visionary" who can't create a cash flow forecast is about as useful as an enterprise architect who can't code fizz buzz. It's not exactly in the job description, but being useless at the implementation almost always makes you useless at the design too.