Entrepreneurship is not an exact science
As an entrepreneur, you rely on insights and information. But where do you get your data from, and what do you do with it? This week we're highlighting a few reads that will challenge how you think about data.
Obviously, data is important, but there is a difference in how you put it to use: you could consider it as a key insight, but also as just another piece of the puzzle.
When we spoke to Chris Hall, the founder of Bynder, for our Startup Founder interview series, he argued that "entrepreneurship is not an exact science". Should entrepreneurs be more scientific? Or would you argue differently? Feel free to reply!
Must read
If you want to be creative, don’t be data driven
For many people, data equals insights and directions. But isn't data just another piece of (incomplete) information you've gathered? This article provides three ideas that will challenge how you think about data.
The illusion of measuring what customers want
Customer discovery is one of the most important things in modern entrepreneurship and there are no shortcuts to talking to your customer in order to understand them. This article describes how data does not tell the full story.
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Culture
Tech giants Elon Musk, Sam Altman push universal basic income concept
Can a basic income be a remedy for a future with fewer jobs?
Modern Entrepreneurship
Innovating on the infrastructure of innovation
"We’re here to innovate on the infrastructure of innovation." This article offers a deep dive into AngelList's position in the startup ecosystem.
Lessons from 100+ failed startups
“For every 10 startups you see in the market, 11 of them will fail.”
Growth
What does it mean to invent the future?
Are good businesses new ideas or just recreators of past successes?
Promoted
Global impact: Social entrepreneurship companies
Many business leaders are dedicated to changing the world through the idea of social entrepreneurship.
Finance
The meeting that showed me the truth about VCs
An insight into the tough business of venture capital.
This CEO doodled a chart to help your startup balance growth with profit
The growth/profit matrix that will help you find a balance between the two.
Real businesses
There are multiple paths to go from a startup to a business. Which one are you taking?
Thank you
Thank you for finishing issue #122 & credits
Thank you for reading Startup Curated, and special thanks go out to Simone for editing and Esther and Timan from NEXT Amsterdam, and Raymond for curating!
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