This is a gem that I got from Jerry Engel when I was fortunate to do an entrepreneurship course at HAAS business school in Berkeley 20 years ago
There are 3 things that will make your venture a success
- you are solving a real problem - not just by providing a vitamin - but by providing a painkiller 💊!
- your venture is about serving others
- you know exactly why your solution stands out. You have a clear point of difference !
So, If you are looking to build a startup - ask yourself these 3 questions—
1. What problem are you willing to spend your time solving?
2. Why does solving this problem matter to you personally?
3. Why can’t people live without your solution? Is it a painkiller, vitamin or just a placebo?
Action without vision and clarity is chaos,.
Vision and clarity without action is hallucination
Vision with Action is the magic formula!!!
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