The Importance of Starting a Company

Entrepreneurship should begin with a focus on solving a problem or making an impact, rather than simply starting a company. Starting a company should be a last resort when no other options are viable. It's often advised against, and individuals should be prepared for skepticism and challenges. Bringing in an experienced leader at the right moment can inject new expertise, perspective, and vision into a business. Choosing a mature and long-term approach to funding and growth, such as bootstrapping, can be challenging but ensures careful and organic development. This careful approach can help maintain the business's independence and enable thoughtful growth.