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Things I Will Tell My Kids If They Become Entrepreneurs:

1) Idea Is Just the Start: Remember, your business idea is important, but it’s just 1% of your success. Execution and the ability to pivot are what truly matter.

2) Talk About Your Idea: Don’t keep your ideas to yourself. Share them! The feedback, connections, and perspectives you gain will be invaluable.

3) Focus on Execution: Like Jeff Bezos and Amazon, many have had similar ideas. The winners are those who execute their plans effectively and adapt swiftly.

4) Build the Right Team: A great team can pivot from a bad idea and is crucial for turning your vision into reality. Ensure your team’s skills complement each other well.

5) Embrace the Market: Every crisis, technological shift, or market change is an opportunity. Look for ways to innovate where others see obstacles.

6) Customer Understanding Is Key: Balancing customer feedback with your vision is crucial. Use both to refine your approach, but always keep your end goal in sight.

7) Funding Strategy: Raise funds wisely—enough to achieve milestones but not so much that it stifles flexibility. Align with investors who offer more than just money.

8) Prepare for the Long Haul: Building a business is a marathon, not a sprint. Prepare mentally and financially for a long journey.

9) Values and Ethics Matter: Never compromise on your core values and ethics. The respect of your team, customers, and peers is paramount.