Idea Maze
The role of a founder is to make good decisions for their business. Balaji Srinivasan calls this navigating ==the idea maze. Balaji said, “good founders don’t just have ideas; they have a bird’s eye view of the idea maze.” A founder must choose what paths to take and which ones to avoid. There are paths you cannot make succeed. Places you can go only after making other progress first. Pitfalls to anticipate which turn away treasure and the ones that bring reward.== The best way to prepare for the maze is understanding the industry history, the other players, past failures, and the way technology will move. The only way to make it out is to have a plan superior to the last 10 companies that found and failed. The best plan to navigate the maze comes from an obsession with the market and unique insights others don’t have.