Knowledge sharing has an amazing multiplier effect.
In my day to day advisory interactions with new age businesses, including clients, acquaintances, referrals and friends, there is much I have learned.
Hope the gist of these learnings will help refine your own thought process while building a startup
#1 Clarity of thought
#2 Talk to strangers
#3 Customer before technology
#4 Scale over profit
#5 Chemistry over Mathematics
#6 Ready to fail
#7 Beware of penalty line
Download the presentation for details on each
A caveat though: While there may be a pattern, I would be wary to generalise and say these 7 are THE ‘common traits’. Different founders have different approaches and thought process about how they build up their startups. Not everything fits in every context. So take your pick.
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