What Is a Critical Early Step to Avoid Wasting Time

question 21

Short Answer

What is a critical early step to avoid wasting time chasing venture capitalists,angels,and others when there is not a match between the venture the entrepreneur is pursuing and the interests or capacities?

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Definitions:

Moral Realistic Thought

A stage of moral development where individuals believe that rules are absolute and that morality is determined by the consequences of actions.

Transductive Thought

A type of reasoning commonly seen in children where conclusions are made based on specific examples, rather than general logic.

Formal Operational

A stage in Jean Piaget's theory of cognitive development during which individuals develop the ability to think abstractly and logically.

Systematically

Done or applied in a methodical and organized manner.