A good analogy might be graduating from university and getting your first job. You might have been really really great at school, studying, getting good grades, whatever, but then realize it translates very poorly to that first job. So much was taken care of without you realizing it and very little prepares you for doing the job other than, well, doing the job.
Starting a company, especially after coming from a stint at a larger company, is a lot like that.
Links to this note
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15 Percent of Adult Americans Own an Early Stage Business
According to GEM 2018 Adult Population Survey, 15.6% of US adults are an owner-manager of an early-stage business. This is among the highest rates of entrepreneurship in high-income economies.
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I read Speed x AI from Nfx. It says that founders need to move much faster or those leveraging generative AI will leave you in the dust.