I met with an entrepreneur who is building a platform to help artists master and engineer their tracks. Automation will reduce their production time and costs so they can release more music. The platform leverages data science to make the automation possible.
I was intrigued as he explained the problem facing artists and how his platform will address it. I enjoy music as a consumer but have zero experience in the creative or business side of the industry. I have a high-level understanding of data science but zero experience applying it. I would have never thought to put the two together to solve a problem.
This entrepreneur has experience in both areas, which is rare. He’s been a musician since childhood. He’s passionate about it and has over a decade of learning under his belt. He’s worked in data science roles at start-ups alongside PhDs in data science. That experience taught him the power and capabilities of data science. His passion and experience allowed him to recognize how seemingly unrelated disciplines could be combined to create something wonderful.
This entrepreneur is in a great position. His experience puts him ahead of anyone else who has a similar idea; he’ll be able to move much faster. His passion will motivate him and push the platform to the finish line. The two together give him an unfair advantage that greatly increases his chances of success.
If you’re thinking about entrepreneurship, consider: What are you passionate about? What do you have experience doing? Can you put the two together? Identifying your unfair advantage could put you on a path to great success!