When you start your company – how much do you really have to know? Good question. Some entrepreneurs err on the side of trying to know everything. Others – don’t know nearly enough.
Think about the challenge this way: With standard physics – including the laws of relativity, knowledge of the elements and particles, laws of motion and gravity – we have put a man in the moon, satellites into space, landing vehicles on Mars, built mammoth sky-scrapers and dams, and pretty much everything else that we see today. The engineers knew just enough.
We did not know about much about nano-particles or dark matter, equally powerful and perhaps more pervasive. However, we did not need to. We knew enough to get the job done.
That is the entrepreneurial challenge. We need to know enough about our industry, invention, and idea to be successful. But we do not need to know so much that we end up in decision paralysis.
