Entrepreneurs build companies. Companies build products

It was something that stuck to my head from the early days of jfdi. And i ve felt a need to remind myself of this every once in a while as It’s something easily forgotten in the rush to build a product and release it.

A company is a group of 3 or more people. The job scope of an entrepreneur is to build a framework or a blueprint which guides this company of people to run a business. And if the framework is built right, the company becomes scalable.

A scalable business needs customers, a solution and a target market and the specification of these are the keystones of the framework.  Usually, The product is part of the solution.

That is not to say you don’t build a product. you build much as it takes to validate what needs to be built, and it gets added to the framework. And we don’t forget that the entrepreneur is part of the company too -  my point is that that’s not his/her main job scope.