In today’s digital world, going for a “pocket ace” strategy, like picking an obvious, “strong” business or idea -throws you into crazy competition. Everyone’s chasing those aces, and it’s super expensive to even get in the game. But now, with tech being so cheap and accessible, you can take a small risk and play something like suited connectors. Those “weaker” ideas might just turn into a royal flush—what startups call a unicorn! So, I’d say young people should play their “bad hands” and go for those wild, less obvious bets. Haha!
Good business ideas everyone knows about are aces on the board, not pocket aces. The pocket aces are ideas with alpha, not merely good ones.
Good business ideas everyone knows about are aces on the board, not pocket aces. The pocket aces are ideas with alpha, not merely good ones.