Earlier quoted context omitted.
Companies deliver what customers are willing to pay for. If customers are willing to pay for X, and no companies make X available, you have a great case to make to a venture capitalist. BTW, in every company I've worked for, the employees thought management was stupid and incompetent. In every company I've run, the employees thought I was stupid and incompetent. Sometimes these people leave and start their own compan…
I think those who run companies are often stupid and incompetent, and the workers are probably right most of the time. Just look at the quote again, there's lots of things people don't know when they're starting a company. It would be nice if being smart and competent was the key to success in our society, but you hint at the real key to success in your own comment--getting favor and money from those who already have…
If you've never run a business, it can sure seem that way.
> the real key to success in your own comment--getting favor and money
Nobody is going to invest in your startup unless you convince them that you're capable of making money for them.