3 ms·
It's very difficult to pull off though. Especially outside the US. My advice is: - Don't aim too big (there will be way more competition if you're trying to bu
by jongjong 4y ago
It's very difficult to pull off though. Especially outside the US. My advice is:
- Don't aim too big (there will be way more competition if you're trying to build a world-changing product).
- Don't go into any sector where big tech corporations are already offering products (no matter how bad those products are, you will not be able to compete on marketing; nobody will find out that your product exists).
- Find a niche. The more boring and tedious the niche, the more likely you are to succeed.
Basically, base your entire strategy around minimizing competition at all costs. Do not underestimate competition. Do not underestimate the power of a great big pile of capital in the hands of your competitors; no matter how terrible they are.
This is not capitalism. This is crony-capitalism. NEVER FORGET THAT. As you rise up the ranks, prepare for less ass kicking and more ass kissing.