Let’s find a few entrepreneurs who have a dream but not the means to do an MVP and coach them to build their product and scale their business.
This was my idea. I did run this idea and ran it through a few of my friends. And it sounded like a good one until I gave it seven days to marinate.
and then had this realization
Every asset needs a certain level of management, or it will eventually depreciate to zero. Business is asset class with chances of high return but also demands high maintenance.
There are two ways you can increase your net worth via active investments or passive investments.
An most likely, your most important asset is your skillset or your primary business if you are an entrepreneur.
The ROI on your primary driver of net worth could drastically fall if you take up multiple other active investments.
The net effect will most likely be negative!!
Too early stage, you need active participation and mentoring.
What investors are looking for, here is my money. I will put it in 100 ventures. If 99 fails and one makes it big, I get 1000 times my money, and that’s it.
What does it mean for the aspiring entrepreneur? It would be best if you put your head down, take all the risks and stand out from the crowd before you can get any additional help.
Of course, there is an exception that if you find the exceptional seed(s). But you need unique skills or a unique system in place to find those.
So how do we improve the entrepreneurial ecosystem in Mauritius? That is the question that started all this thinking.
The other option is to wait – and nothing happens when we wait.
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