May 4, 2009

The problem with young entrepreneurs

"Most of the time, this leads to the well-known case of “solutions looking for problems” - beautiful technology that can’t become a profitable business.

Best ideas are a side-effect from solving significant problems that the entrepreneurs themselves experience, observe and intimately understand. As young Web entrepreneurs, we aren’t sufficiently aware of important real-world problems, since our life mostly consists of hacking, coffee and occasional entertainment."

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