Problem-First vs Idea-First Entrepreneurs
There are two types of entrepreneurs: the ones obsessed with ideas, and the ones obsessed with problems. Guess which graveyard is more crowded? Most startups die not because the founders didn’t work hard, but because they built something the world wasn’t asking for. They started with an idea — which is really just trying to predict the future. And when the future doesn’t cooperate? Game over. Now contrast that with problem-first founders. These are people who start with what’s broken, annoying, inefficient, or expensive — today. Not what might exist...
Read more...