My experience is that most first-time entrepreneurs confuse action with activity, one is a vector and one is a scalar. If we start with a technical solution and then look for a problem, we are a scalar looking to become a vector. If we focus on a problem and a set of customers who are willing to pay for a solution (any solution), we start with a definite direction and will succeed when we can get enough wood behind that arrow.
Unfortunately, it is too easy to keep yourself intellectually occupied with scalar activities. I should know, I have spend way too many years being a pure technologist looking for a problem.
In retrospect, wealth creation is a vectorial activity.
My experience is that most first-time entrepreneurs confuse action with activity, one is a vector and one is a scalar. If we start with a technical solution and then look for a problem, we are a scalar looking to become a vector. If we focus on a problem and a set of customers who are willing to pay for a solution (any solution), we start with a definite direction and will succeed when we can get enough wood behind that arrow.
Unfortunately, it is too easy to keep yourself intellectually occupied with scalar activities. I should know, I have spend way too many years being a pure technologist looking for a problem.
In retrospect, wealth creation is a vectorial activity.
Good luck everyone.