I recently had a great conversation with Valand Krunal, Founder & CEO of an EV company EVegah, about the startup domain Iโm currently working on. I have documented notes and some valuable insights. Key takeaways from our discussion include: โจTeam Building: Build a team with strong backgrounds, expertise, and core competencies in the domain (Industry/sector) โจThink Big, Start Small, Scale Big: Have a visionary approach while starting with manageable steps and scaling effectively. โจFocus on One Thing at a Time: Prioritize and excel in one area before moving to the next. โจFounder's Knowledge: Ensure the founder has at least basic knowledge of the industry sector โจVC Investment Priorities: Investors prioritize the team and vision over the business idea itself. โจHiring Smarter People: Recruit top talent who might even be smarter or more skilled than you โจExecution Over Exploration: Donโt just explore ideas - commit fully and execute with 100% effort. as Execution are worth billions.
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