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Knowledge is only part of it. Experience, luck, network, iterative steps, product/market fit, timing + time invested, talent, focus/discipline and most of all f
by drawkbox 4y ago
Knowledge is only part of it. Experience, luck, network, iterative steps, product/market fit, timing + time invested, talent, focus/discipline and most of all financial margin for risk are all as important.
The good news is if you put enough time into something, those key components emerge.
In a way you also need to listen to people but not listen, and know when to do that. New ideas will be pushed back against, following the existing successes will always be encouraged, but the latter is a form of survivorship bias, FOMO and buying in at the top. If you know something is there and others say it isn't, you might have something. Additionally, if it is already done, doing it better is another way to create value.
So yeah, attitude in pushing through against headwinds is key. Don't always listen to the critics, but take it in, it is a balance and one that everyone battles in most things. Grounding down the fluff/hype into a good plan with results takes all those things.