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Very true! I think it's actually an interesting constraint to place on business model ideation. When you restrict yourself to opportunities that you could reaso
by davidbanham 7y ago
Very true! I think it's actually an interesting constraint to place on business model ideation. When you restrict yourself to opportunities that you could reasonably pursue solo it forces you to be more creative. The upside is that your total addressable market doesn't need to be nearly as large.
- brudgers 7y agoLarge addressable markets are important to outside investors such as angels and VC's of the startup world. The startup model is not the only model. It's not the best model for every business. I only mention outside investment on the startup model because it is not aligned with what you are saying and expectations for capital infusion should be tailored to the difference in model.