Part 6/9:
Many founders have valid ideas that could revolutionize industries, but misaligned timing can render these ideas ineffective. History is dotted with failed ventures that emerged too early, as well as successful companies that capitalized on market readiness, such as the iPhone after years of failed attempts at smart technology.
The Fine Art of Entrepreneurial Judgment
Qualified founders are often astute enough to identify opportunities early, but the real challenge lies in navigating market conditions. This balancing act of envisioning the future while aligning with consumer readiness is intricate and unpredictable. Founders may feel as though they are racing against time, particularly as external factors fluctuate.