I recently had a great conversation with Valand Krunal, Founder & CEO of an EV company EVegah, about the startup domain I’m currently working on. I have documented notes and some valuable insights. Key takeaways from our discussion include: ✨Team Building: Build a team with strong backgrounds, expertise, and core competencies in the domain (Industry/sector) ✨Think Big, Start Small, Scale Big: Have a visionary approach while starting with manageable steps and scaling effectively. ✨Focus on One Thing at a Time: Prioritize and excel in one area before moving to the next. ✨Founder's Knowledge: Ensure the founder has at least basic knowledge of the industry sector ✨VC Investment Priorities: Investors prioritize the team and vision over the business idea itself. ✨Hiring Smarter People: Recruit top talent who might even be smarter or more skilled than you ✨Execution Over Exploration: Don’t just explore ideas - commit fully and execute with 100% effort. as Execution are worth billions.
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