Startup Assumptions are Like A**holes — Everyone Has One and Most are Full of Sh*t

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Don’t build a business in your basement.

That is the most important advice I can give. And it is the biggest problem early stage entrepreneurs struggle with.

We have assumptions. We have ideas.

These are meaningless. Knowing that is the key to success. Entrepreneurs that know they don’t know and are willing to learn and adapt to what the market wants, are the ones that succeed.

There are very few Steve Jobs. Most entrepreneurs are not visionaries that force realities upon the world, but instead find a need and fill it.

Source: Startup Assumptions are Like Assholes — Everyone Has One and Most are Full of Shit