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EXCLUSIVE: $3B Founder Reveals His Next Big Idea

My First Million

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Purposeful Entrepreneurship and Strategic Planning

Entrepreneurs often focus on execution and getting started quickly rather than taking the time to carefully plan and strategize before diving in. It is crucial for new entrepreneurs to prioritize purpose and intentionality in their ventures, considering factors beyond just the initial idea, such as the execution plan, sustainability in the face of high failure rates, and overall criteria for determining a venture's viability. Strategic planning and thoughtful decision-making are essential for long-term success in entrepreneurship.

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