Founders waste months trying to craft perfect startup ideas
Alice Bentinck · FF 014: Making Great Founders, Idea Creation and The First 100 Days Of A Startup with Alice Bentinck, Co-Founder @ Entrepreneur First · Sep 25, 2015 · at 3:50
Alice Bentinck, co-founder of Entrepreneur First, discusses common misconceptions prospective entrepreneurs have regarding idea creation.
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“They assume that unless they have the perfect idea, there's no point in even getting started. And they spend months, if not years, trying to craft the perfect idea, which just doesn't exist.”
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“At EF, what we focus on primarily is co-founders. So we don't select teams, pre-formed teams. We select individuals.”
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“I suppose one of our frustrations with non-technical founders is that often we find people who have years of expertise in a particular industry, but they're not interested in using that to build a startup, and I think that can be an error.”