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Tina Seelig (Stanford Technology Ventures Program) - What I Wish I Knew When I Was 20

Entrepreneurial Thought Leaders (ETL)

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The Importance of Finding Big Problems and Creating Luck in Entrepreneurship

Finding a big problem is essential because every big problem is a big opportunity. No problem, no solution, no company. The bigger the problem, the bigger the opportunity. You need to put yourself in a position to make yourself lucky. People often attribute luck to others, but in reality, luck comes from putting yourself out there, meeting new people, and exploring new experiences. Lucky people smile more, engage in more eye contact, and notice chance opportunities. They are open to new experiences and able to turn bad breaks into good fortune. Startups are hard and risky, and they require a lot of work and luck. Good ideas can fail if the timing or circumstances are unfavorable.

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