The type of friends or networks you have will contribute significantly to your outlook. If you happen to be a hustler, they likely have the potential to give you deep insights. Locally like most other places, its typically who you know mixed with what you know
That will add significantly to the outcomes you make for your self. Some of the most boring professions make for the best network effect. Having access to commercial bankers, who see all kinds of funding needs & interact with the "traditional" businesses in our ecosystem
tend to be an invaluable source of insights to the most boring and unsexy verticals that can use a hustler. The value unlocked by commercial bankers is second only to pindi boys. The other variety of folks that lend insights are those, who are in the business of being middle men
Traders,Distributors, Agents and Representatives. Basically the rent seeking equivalent of fuedals for business who either by virtue of their disposition or brains got an early ticket to some "license" or some early market "access" to become its middle men.
These are the places where you can draw ideas, not emulate their line of business necessarily. These conversations alert you to market/product adjacencies which may not be in the headlines but can surely help you build a bottom line that is healthy.
There may be sexier tech companies out there that generate most or all the headlines But in pure business terms, there's nothing sexier than quietly amassing control of a deep niche that just keeps monopolistic with the passage of time. Focus there. Look for those opportunities
Value all kinds of connections,more so don't undervalue the ones you already have. The people U know already who are doing all kinds of small businesses are the real heroes & entrepreneurs. Its tough being in business any where but its 10x tougher here esp if u start from scratch
Look for survival stories and grit, emulate those, dont look for shortcuts, they tend to be the most expensive way to get some thing done fast. Also look for positivity, negative people are a zero sum game. Focus on the bright & optimistic variety vs the old school & pessimistic
In the end find the shortest possible window it takes to experiment with the least amount of resources to test an idea/hypothesis, perfection ≠ success, execution + scale = higher probability of success @rebootdude @Ash_Kalim @SaadGH @YusufJan @raza_matin @ShahidM99 @FaizaYousuf
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