Want to know why most startups fail? The answer lies in the Valley of Value Creation. Here's what I learned about creating true value in business: โข You must find the sweet spot between rare AND valuable โข Building what YOU want isn't enough โข Your product needs to solve problems others haven't figured out โข Understanding customer desires is more important than following your passion โข Being different from competitors isn't valuable unless customers care The brutal truth? Most founders get trapped by: โข Solving their own problems โข Misreading market needs โข Ignoring existing solutions โข Overestimating demand Remember: Success lies at the intersection of what's rare and what's valuable. Not one or the other. Both.
Download the medial app to read full posts, comements and news.