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In the Are.na Trying Things with Charles Broskoski

INDIE AUDIO

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Motivation for Starting a Business

  • It's easier than ever to start a business technically, but funding can be a gating factor, especially for young entrepreneurs.
  • They often pursue fundable ideas rather than personally interesting ones, wanting their ventures to appear substantial from the outset.
  • Funding validates their ideas, and they shy away from smaller markets if they're not obviously huge, as that hinders funding prospects.
  • A key challenge is communicating that a complete vision isn't necessary at the start; it's better to begin small, define a tight scope, and generate revenue early on.
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