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You misunderstand the question posed: who has more power? For instance, all entrepreneurs need customers, but not all customers need entrepreneurs. So, customer
by crabasa 14y ago
You misunderstand the question posed: who has more power? For instance, all entrepreneurs need customers, but not all customers need entrepreneurs. So, customers have more power to change the world? Of course not.
- majormajor 14y agoWell, in aggregate, yes, the customer's have the most power to change the world. The world can't change without people driving the change. A new company's success is directly tied to how many customers need what the company is selling. Customers have the power to buy a solution. VCs have the power to fund a solution. An entrepreneur figures out what customers need and a way to provide that. And at the same time, also figures out how to get this venture funded. It's their position at the intersection, connecting the otherwise-unconnected dots, that gives them the power to really make something big happen. EDIT: perhaps a better way of expressing what I'm trying to say is that taking the step to become an entrepreneur after seeing a problem is the most direct way to try to actually change the status quo and fix that problem.