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Startup lesson from failure
- dennykmiu 17y agoVery nice article from a first-time entrepreneur. My experience is that most first-time entrepreneurs confuse action with activity, one is a vector and one is a scalar. If we start with a technical solution and then look for a problem, we are a scalar looking to become a vector. If we focus on a problem and a set of customers who are willing to pay for a solution (any solution), we start with a definite direction and will succeed when we can get enough wood behind that arrow. Unfortunately, it is too easy to keep yourself intellectually occupied with scalar activities. I should know, I have spend way too many years being a pure technologist looking for a problem. In retrospect, wealth creation is a vectorial activity. Good luck everyone.