Learning by doing - a good strategy?

Absolutely. But first you have to gain knowledge and then try to put it into practice. That's the best way

Hey Lindsay and Meadow, I believe the beauty of startups lies in learning and growing on-the-go. You don't always need theoretical knowledge. Yes, it's beneficial, but progress comes from applying, testing, and iterating your ideas 💡. Real-world experience provides invaluable insights that books often miss. Let's not undervalue the power of "doing" and learning from our own unique journey. Excited to hear others' take on this! 😊🚀

I also would be interested in getting the answer👀🤣

I think you learn from failures, and you fail by doing things. However, don't be afraid of failure, as it's not permanent. You might eventually succeed with a product that you failed with multiple times in the past. While it may sound theoretical, it's not. I, myself, fail a lot and I learn a lot.

Yes it is！Rome doesn't build in one day and if you're always waiting on your own ready, you may never be ready. Because everyone inevitably becomes an information cocoon. So do it!

Jumping into a great idea without prior theoretical knowledge in any area can be a bold step. While direct action and hands-on learning can be quite valuable, combining this hands-on approach with some theoretical understanding could significantly enhance the chances of your success

Absolutely yes

100%! No other way to learn in my opinion. Just build and learn on the fly, and iterate as quickly as possible, while also taking all the learnings. It's obviously easier said than done, but so efficient.

When it's one's idea, I believe that no one can execute it better than that person and definitely should start on it. However, one should always be open to suggestions and guidance in areas where one might lack expertise, such as business, marketing, or leadership, to increase the chances of a product's success.

I think whether or not it is a good strategy to start working on a product or business idea without theoretical knowledge in areas like business, marketing, leadership, and other essential fields for steering the product towards success depends on a number of factors, including the following: 1. The complexity of the product or business idea 2. The founder's strengths and weaknesses 3. The resources available to the founder Ultimately, the decision of whether or not to start working on a product or business idea without theoretical knowledge is a personal one. There are successful entrepreneurs who have started businesses with little or no formal training. However, it is important to be aware of the risks involved and to take steps to mitigate those risks. It's a bit long, I'm sorry LOL! But hope it helps :)

yeah its a very good strategy

Yes, especially when you launching products. You will NEVER get a real understanding of product market fit BEFORE you actually launch a product. You can perform all the research in the world, spending $$$ but it is actually better to create an MVP and launch it asap.

I think learning while doing not really by doing, so you have to keep educating yourself and be open to it and know that you will potentially face more hurdles and challenges, but I think some of us get stuck on the theoretics and just work better in the action! So I think it definitely depends on the person. But as one of my favs, Marie Forleo, once said “everything is figureoutable”

Yes! I’ve tried many method as I’ve grown up and the best of them all is learning by just doing. Especially with startups you need to just launch your minimum viable experience and get started. Learn from what’s not working and figure out how to get something working.

Definetely

Well, practice is the best teacher, as they say. And especially so in our ever-changing world.

I don't see why not. You try, learn, fail, and adapt.

I believe this is a good strategy. Unfortunately, knowledge does not guarantee success. However, you can always hire people who have knowledge and skills in certain areas and learn from them while working on projects together.

@imlindsay The "learning by doing" approach, while valuable for gaining practical experience and learning from mistakes, is most effective when complemented with theoretical knowledge and guidance from experts. Starting a project with a strong theoretical foundation can help avoid costly errors and provide a roadmap, while hands-on experience refines and adapts the journey. Striking a balance between theory and practice, seeking mentorship, and fostering adaptability are key to maximizing the success of business ideas and projects.