At the core of a startup is a high growth. Let’s think about it: there are incredible university labs that develop state-of-the-art and first-in-class technologies but we don’t call them startups; you have your favorite bar or restaurant down the street that you visit (well, used to, at least before the Pandemic) frequently but you don’t call it a startup. It’s not the technology, product, VC funding or anything else that qualifies startups to be startups but a high growth. Therefore, as a startup founder, you need to understand what a high growth looks like and know what to manage to achieve it.
* Note: I invest in seed/pre-seed-stage frontier tech companies and this blog post is to some extent biased toward such thesis.
As a founder, you must have heard the word pain-point so many times. And I do think it’s a very important word – as sailors say, “without knowing where you’re headed there’s no favorable wind.” The downside, however, is that I think the mighty word can be dangerously misleading.
I admire entrepreneurs. I admire them for the fact that they took real actions purely based on their vision and passion toward it. They want to take their vision to life and that in itself is a noble cause. It’s also a talent – which is so rare to find, to have the level of conviction high enough to put one’s life on the line and start a company. Entrepreneurs should be admired for their braveness and rarity because they’re the ones that move the boundaries and eventually change the world. Whether they’re to be successful or not is secondary because God only knows.