Re:How My Start-Up Failed
by louislouis on Sunday September 14, 2008 @06:31PM
(#304091)
If they had that kind of knowledge they'd be out there doing it themselves. I don't think anyone knows about entering new markets cos they vary so much. It's down to instinct and dumb luck I believe.
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Luck and instinct are important, but there's definitely skill, knowledge, and experience as well. Fail three times and you'll have a much better understanding of what it takes to make a startup work.