Home > Management, VC > Good Idea versus Good Opportunity

Good Idea versus Good Opportunity

There is a big difference between a good “idea” and a good “opportunity”. Most; if not all, of successful companies have been created based on a good opportunity rather than a good idea. I have seen university professors with fantastic ideas, but because of their lack of inside industry visions, there is no platform for their ideas to translate into a real business opportunity. Real opportunities are rather simple ideas with a very clear vision toward a real product. You need to create a team to translate a good idea into a good opportunity at the end!

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