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How do you define a market?
Marc Andreessen said in his famous blog, "The only thing that matters", "Conversely, in a terrible market, you can have the best product in the world and an absolutely killer team, and it doesn t matter you re going to fail."
How important is it to be passionate about the problem your business is solving?
If I'm being completely honest, I have built a successful resume maker tool but I'm not passionate at all about resumes. Although it is really rewarding to help people in something as important as their job search, what I am really passionate about is building cool things online and the potential of building a lifestyle business that would allow me to be a time millionaire. But I always wonder how it would feel when both boxes are checked- when you are passionate about the problem you are solving AND passionate about building your own business. Sometimes what you're passionate about is not economically feasible- I would love to develop video games but the market is already saturated. Although having a successful business could leave room for me to use my free time to follow my passion. Then the line can get blurry- am I passionate about the problem my product is trying to solve or passionate about the result of solving that problem? I don't actually care about resumes but I work on it with passion because of the possible outcome ... what is the difference then? I'm sure there are plenty of people on this forum who have had a great money-making idea and went for it. But that's not necessarily in niche that you feel passionate about. What do you think is the extent to which a business can be hindered when the founder(s) have no passion for the problem the business is solving? Do you think it even matters?
What's something you'd never trust an AI to do?
Maybe you heard of a Chinese company with over 1000 employees that appointed an AI-powered robot woman as its CEO recently? This makes me ask you a question. What's something you'd never trust an AI to do? (Personally, I'd rather trust an AI do a surgery than regular CEO tasks)