When starting a business, you need to be in a position where you're confident and prepared; if you're unsure, you're likely not ready to start.

Entrepreneurs are often seen as risk-takers, but it's crucial to make coherent bets on risks, as significant opportunities come with associated risks.

In high-risk activities like starting a business, you must rely on your own intuition rather than others' judgments, as the future is inherently different from the past.

If you're unsure about an investment, it's better to be decisive rather than flip-flopping on your decision.

Indecisiveness can kill a startup; successful founders have a bias towards action and get things done quickly.

Raising money too early can force you into a rush to pivot, which may lead to poor decisions; it's better to wait until your idea is working.

Timing is crucial; you need to assess if it's the right time to build your business based on current trends.

Having strong opinions about the future is valuable, but it's also important to remain flexible in your approach. Successful entrepreneurs balance conviction with adaptability in their strategies.

You must find your purpose and be willing to take risks to achieve your entrepreneurial dreams.