Business skills are essential for starting a company and cannot be acquired during the process
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Three things are needed to create a successful startup: starting with good people, making something customers want, and spending as little money as possible 1 0 2The initial idea for a startup is only a beginning and not the key to the whole process 1 0 2Investors at the seed stage do not usually expect an elaborate business plan 1 0 2Being first to market does not necessarily confer significant advantages in most businesses 1 0 2The number of employees does not necessarily reflect the success of a company 1 0 2Starting a startup does not require extensive knowledge about business 1 0 2Some investors may lack numeracy skills or believe they cannot predict startup outcomes 1 0 2A company's success is more likely when someone who contributed to the original research leaves their academic position to start the company 1 0 2Business skills are not essential for starting a company and can be acquired during the process 2 0 3Founder mode is not well-documented or taught in business schools 0 0 2