- Know what you want.
- a side project
- a non-vc company
- a vc fundable company
- Don’t let stupid ideas kill your original ideas.
- stay focus on vision: innovation is important, but don’t loose sight of original goals. Don’t get sidetracked.
- prioritise ideas: not all ideas are worth pursuing. Evaluate new ideas and prioritise that align with your original vision.
- trust your instincts: original ideas were created by putting in some serious and careful thoughts. This is a good reason to not stray them
- If you wanna go in VC, find investable market.
- if you don’t care about vc, go ahead with trends - out of which quick companies/agencies can be created.
- Dont’ just read, but build
1 prototype > 100 articles
Why prototyping is good?
- More familarity with new tools.
- . Able to solve old problem with new solution
- Improved experience
6. POSITIONING of the PRODUCT > EVERYTHING ELSE 1. Market perception is key: even if the product is mediocre, it will be sold based on its perception
- GET GOOD AT SEEING PROBLEMS
- problem identification:
find problems not solutions. - spot unmet needs of the actual users
- enhance your product ideas and services
- build a questioning mindset
- problem identification:
- learn to lisen
- Stay away from obvious solutions.
- Stick with your idea and fail forward
- Learn from mistakes and fail
- Build again