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But today I want to give you advice on how to decrease your odds of failure in a startup. Most of this advice boils down to an argument in favor of basic planning before starting a company or raising money. Incumbent Strengths & Weaknesses. Asia is smaller but growing as wealth increases in large, urban environments.
They say things like “we have a unique feature” and “the incumbents are dumb,” which might be true, but isn’t a strategy. Often there’s a constructive learning inside which you should take to heart, but discard the petulant packaging. This impedes sympathy and the ability to deliver appropriate advice. Just stop already.
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