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I would assert that a recent graduate who wants to be an entrepreneur is mostly doing themselves a disservice by studying those things. It focuses your thoughts
by bendyBus 12y ago
I would assert that a recent graduate who wants to be an entrepreneur is mostly doing themselves a disservice by studying those things. It focuses your thoughts on how to run a business rather than how to solve a problem or turn an industry on its head.
Sure, many of those things could come in handy in the future - but there are far more difficult things which you also have to learn "as you go".
- smokinn 12y agoEntrepreneurship isn't limited to VC-funded moonshots. Lots of people just want to be their own boss and run a viable business.
- skrish 12y agoGreat point. Interestingly, I see several tech startups of this nature started by folks having a deep understanding of a specific business problem due to their prior work experience tend to create such startups. As a service provider for small businesses, I see many amazing bootstrapped services & products come up around the world, that serves a very specific need for a small subset of customers. These viable businesses tend to make enough for the needs of 2-3 folks for a long time. I have a strong inclination towards finding many of them as a service provider because they just tend to be some of the best customers with great ROI.
- bendyBus 12y agoI am indeed concentrating on the types of companies YC would invest in. I don't know anything about lifestyle businesses but what you say sounds reasonable.
- Kalium 12y agoYou're going to be better-equipped to solve a problem or turn an industry on its head if you are not also discovering how to run a business at the same time.