•
Medial • 1m
" Without Theory There's no practical " So just over prioritising execution without getting in-depth knowledge and understanding of industry and startup Ecosystem and how the system works is just stupid. First Get a good common sense ( which is not so common ) about how businesses work, it's not just buying and selling! It's complex. If you're rich then Start any business ( not startup ) and learn how it works. If you are middle class/poor firstly get a good knowledge about the businesses but following top people, reading books, article and get in depth knowledge like a market expert and then decide to build business/startup. Coz you will have limited cash so making mistakes can lead to losses which you can minimise by gaining knowledge.
Stealth • 1m
I agree to you point. Though sometimes, even a lot of knowledge may end up making problems. As one would just keep on consuming them but it but content will never end
Get the theory right first. Study business models, understand funding trajectories, legal/financial implications. Then bring on the execution muscle. Don't put the cart before the horse.
Rightly said
Jack Ma said to work under a great mentor before starting something of your own. It's super important.
This is such an underrated point. Too many wannabe entrepreneurs just want to "execute" without any fundamental understanding of how businesses actually work. That's a recipe for failure.
Edtech startup Bluelearn shuts operations, to return 70% of capital ....
A student's guide to startups ....
OpenAI announces SearchGPT, its AI-powered search engine ....
Budget 2024: Key takeaways for startup ecosystem ....
Great news for startups as India moves to abolish angel tax ....
Wiz walks away from Google’s $23B acquisition offer: Read the CEO’s note t ....
WazirX announces $23 mn bounty to recover $234 mn lost in cyber breach ....
Byju's founder Raveendran faces reckoning as startup implodes ....
Exclusive: Emami set to acquire 100% stake in The Man Company ....
Amazon in deal talks with Swiggy for quick commerce business Instamart: so ....
Download the medial app to read full posts, comements and news.