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by adonnjohn
2787 days ago
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So to summarize (for my own understanding)... It's fine to want to build something first. However, if you want it to be financially profitable in a big scope of impact, you have a higher chance by plotting it out and then executing, than accidentally stumbling upon a perfect business model for your completed product. |
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The pitfall to avoid is investing large amounts of time, energy, and money building products in a vacuum based on assumptions about what people want and will pay for. I've heard this referred to as committing "assume-icide."