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	<title>Comments on: To Succeed, You Need an Advantage</title>
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		<title>By: jim</title>
		<link>http://www.wangarific.com/to-succeed-you-need-an-advantage/comment-page-1/#comment-291</link>
		<dc:creator>jim</dc:creator>
		<pubDate>Sun, 31 Jan 2010 15:48:52 +0000</pubDate>
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		<description>I think the biggest advantage is domain knowledge, many businesses were started by rank and file employees who saw a need and were able to leverage that into a business that succeeded. I think that&#039;s the type of advantage I think everyone must have before they jump into something. All too often someone thinks of something that might be a great idea but they don&#039;t have the domain knowledge to execute it (or enough to know it&#039;s not actually a good idea).</description>
		<content:encoded><![CDATA[<p>I think the biggest advantage is domain knowledge, many businesses were started by rank and file employees who saw a need and were able to leverage that into a business that succeeded. I think that&#8217;s the type of advantage I think everyone must have before they jump into something. All too often someone thinks of something that might be a great idea but they don&#8217;t have the domain knowledge to execute it (or enough to know it&#8217;s not actually a good idea).</p>
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		<title>By: Fred @ One Project Closer</title>
		<link>http://www.wangarific.com/to-succeed-you-need-an-advantage/comment-page-1/#comment-288</link>
		<dc:creator>Fred @ One Project Closer</dc:creator>
		<pubDate>Fri, 29 Jan 2010 11:18:15 +0000</pubDate>
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		<description>Good advice... except that I think you have to balance this with not becoming paralyzed because you don&#039;t see an advantage immediately. That&#039;s why your comment about passion-as-advantage is so important...

Most people don&#039;t innately have advantages. Building a business is about finding a toe hold somewhere and then chipping further and further away at that little ledge until you can get giant leverage off of it. I guess the hardest part is knowing which impressions are worth chipping at, and which ones are just a waste of time that aren&#039;t going to get you anywhere.

To figure that piece of the puzzle out is a pretty hard thing for most, I think.

This is where a good mentor can really help... You need someone to give you a new perspective on a problem or point you in a new direction, or tell you you&#039;re wasting your time because they already tried that and it won&#039;t work. Of course, you have to be able to trust the mentor, so that&#039;s another problem in itself.</description>
		<content:encoded><![CDATA[<p>Good advice&#8230; except that I think you have to balance this with not becoming paralyzed because you don&#8217;t see an advantage immediately. That&#8217;s why your comment about passion-as-advantage is so important&#8230;</p>
<p>Most people don&#8217;t innately have advantages. Building a business is about finding a toe hold somewhere and then chipping further and further away at that little ledge until you can get giant leverage off of it. I guess the hardest part is knowing which impressions are worth chipping at, and which ones are just a waste of time that aren&#8217;t going to get you anywhere.</p>
<p>To figure that piece of the puzzle out is a pretty hard thing for most, I think.</p>
<p>This is where a good mentor can really help&#8230; You need someone to give you a new perspective on a problem or point you in a new direction, or tell you you&#8217;re wasting your time because they already tried that and it won&#8217;t work. Of course, you have to be able to trust the mentor, so that&#8217;s another problem in itself.</p>
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