20VC: Behind the Scenes at Y Combinator: The Interview Process | What the Best & Worst Do in the Program | Do the Best All Raise Pre-Demo Day & YC's Fundraising Advice to Startups | Why the Value is in Application Layer AI with Tom Blomfield
The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
Balancing Big Vision and Daily Execution
Founders need to master the balance between holding the grand vision of the best outcome while focusing on daily priorities. They must envision the long-term big picture, like building a bank for a billion people, while executing on immediate tasks. Success lies in simultaneously maintaining the big vision and sticking to the current priorities to avoid being either all talk with no action or overly focused on small-scale execution. Successful companies tend to stick with an idea instead of constantly pivoting, demonstrating the importance of conviction in decision-making and commitment. Founders who hesitate and keep pivoting often struggle to achieve success, as they lack the focus and determination needed to build something substantial.
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