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In my own experience with technical startup founders, I still find it hard to name one who was also good, or even interested in financials or business operations. A mistake often made by new business owners due to the unfamiliar new workload is to ignore and lose existing relationships with outside advisors as well as team members.
I have seen too many careers and businesses fail due to projects that went off the rails. The technology and tools in this discipline have improved dramatically over the years, so be sure you stay current and knowledgeable over time. Stretch here also increases job satisfaction. Find what works for you.
Innovation is not all about break-through technologies and big financial investments. Look for functions that may be performing poorly in your business due to lack of skills or necessary tools. After all, running a business is all about maximizing your satisfaction, as well as your financial returns. Make it a win on all fronts.
When I dig deeper, I find that many of you are easily excited by a great new idea, but fail to diligently follow a validation process to test the limits of your thinking, before proceeding to rollout. Start with a real problem, rather than a technology or solution looking for a problem.
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