Stacy L. Chin warns that startups fail not from too few opportunities but from chasing too many at once. Spreading yourself across new segments, features, markets, and partnerships prevents real progress anywhere. Focus is the undervalued advantage that drives sustainable growth.
Some startups don't fail because they just run outta opportunities. They actually fail because they pursue too many of them. A new customer segment, a new feature, a new market, a new partnership, a new grant opportunity. And before long, the company is moving in 10 different directions and making meaningful progress in none of them. Focus is one of the most underrated competitive advantages a founder can have.
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