Quantum Ventures Studio

Children are better at knowing the difference between what they need and what they want than teens and adults.

As we get older we start to bias our time and resources to what we want, at the expense of what we need.

Especially when it comes to addictions. Addictions are wants that we have nurtured and elevated to become needs,  the better you are at understanding needs versus wants the, better you will be at prioritizing what you should be doing.

What do you need to do to build your company and product or service and then take it to market.

A key learning here is that successful people are able to prioritize accurately and act accordingly.

Most people are not good at this. 

This skill is critical to your success with your new company.

List the top 10 activities that must be done or your company will fail before it begins.

For example;

• What do you think is more important? A fancy title on a fancy business card or a viable product? and knowing why specific targeted customers will give you money for it.

It sounds obvious I know but you'd be surprised how many people waste time on business card design and deciding who gets what job title, rather than the core business of making money.

Once you've written out the top 10 activities that must be done then identify which of you can credibly do each of those activities.

Not which of you will do your best to figure it out, but which of you is already qualified to do that work at a highly professional level.

Entrepreneurs like to say that they are chief cook, and bottle washer, but your willingness to do all the jobs is not the question here. Getting the right team in place is critical.

Be honest, which of those 10 things can you credibly do with a high level of quality? The items on the list that don't have a name from your team next to them tells you what type of person you need to find to fill out your team.