The odds are stacked against you if you don't know the area you are in. This is because you can't control the competency of the people you hire or the work they do, so you have a random factor that has a direct and long lasting influence on your companies success.
After my first software startup I tried a hardware product and failed miserably because of my lack of knowledge. To remedy this for next time I am formally learning the areas where we failed (electronics + cad) and when I'm ready I will try again.
Theres so much that can go wrong with a startup that it's just not worth adding another element into the mix.
After my first software startup I tried a hardware product and failed miserably because of my lack of knowledge. To remedy this for next time I am formally learning the areas where we failed (electronics + cad) and when I'm ready I will try again.
Theres so much that can go wrong with a startup that it's just not worth adding another element into the mix.