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Post on Medial

PRATHAM
•

Medial • 5m

" 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.

12 replies15 likes

Replies (12)

Havish Gupta

Stealth • 5m

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

1 replies

Anonymous 4

Stealth • 5m

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.

1 replies

Anonymous 3

Stealth • 5m

Rightly said

1 replies1 like

Anonymous 2

Stealth • 5m

Jack Ma said to work under a great mentor before starting something of your own. It's super important.

1 replies1 like

Anonymous 1

Stealth • 5m

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.

1 replies1 like

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Raj Pareta

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Imagine you have got a startup or business idea now how further on you convert this idea into product or service and sell to people? (You didn't have any prior knowledge about how startups and businesses works who have to start from zero)

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Anonymous

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Some people think they are doing startup but in reality you're just fooling youself because everyone knows how much knowledge and expertise you have so stop pretending like a ceo

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ASIF KHAN

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Can Anyone Explain how startup ecosystem works.

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GIPSH TIWARI

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Can anyone tell me that I am in class 12th but I want to start a startup without join any college then how I will get the knowledge because I don't want degree and don't want to hoo college then how I will get all startup related knowledge... please

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How can a common middle class (currently in debt) person start a startup?

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Prem Siddhapura

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Hii everyone...we need a tech person for our startup so if anyone having good tech knowledge just DM me

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Can idea on how to make a startup using hacking knowledge

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