Knowing too much can be a curse

[Queentoshi]

Good point!

I think there's some hesitation when we already know too much about something.

Knowing too much is very important in some situations in my own opinion, because having enough information gets you prepared enough for you to start. Many people may read this post and then come along to say that they do not require a lot of information before going to a specific business but that is not true because before venturing into business you have to do your proper research about it first to be sure that is a business that would be successful. What you just have to be careful about is ensuring that the information you have does not make decision making more difficult for you or make you begin to doubt yourself.

[bakasabo]

Knowing too much is a curse, knowing little or nothing is a problem. Where is the balance and how to find it? I would say that knowing too much is a curse for those who are too cautious and prefer not to risk. It can turn into a bigger problem when person starts calculating value of missed opportunity. I believe that solution is in understanding that nothing can be perfect. There is no such urge to wait for a perfect moment, conditions, situation on the market and etc. I think that those who risk have more chances for success than those who wait because they know much and expect perfection. Imo it is better to start straightaway, but then correct mistakes while trying to make perfect and gain experience by learning from mistakes.

[bitLeap]

if you keep on waiting for it to be perfect you might just spend years doing nothing, but when you execute even though it's not perfect you can gradually make improvements. The standard of what you are starting doesn't have to be as perfect as what you picture in your head, this is why too much knowledge on a particular thing keeps people limited, they see flaw and error in everything or assume it's not good enough.

The problem is not in the amount of knowledge that is in the mind but thinking too much about profit expectations without being balanced with the calculation of the risk of failure. Every business does not always run smoothly, even as successful as anything must find obstacles in its path.
Whatever type of business it is that determines success from the first steps, the first decisions and plans that are already made to understand how it works that ultimately shape the experience.

[Roseline492]

I think there's some hesitation when we already know too much about something. There's a chance that we have something on our mind that will make it difficult to start. Businesses, for example: I think many would agree that they could not start it because they researched too much and found out that there are already many businesses doing the same thing or making the same food or items, so it makes them hesitate to do it.

Even from the same instance you are giving knowledge still wouldn't work negatively to the person because if your research made you to understand there is a population in the method of business you want, at the same time it will also give you an ideas to use if you are still interested in doing the same business, perhaps that's why you see people leaving a popular business areas to look for other locations because with the knowledge they have they know that a non competitive environment will be more good for them than selling were consumers are being begged before patronage, so actually whichever way people would want to put it, knowledge or more will always be very effective in business.

[Halifat]

if you keep on waiting for it to be perfect you might just spend years doing nothing, but when you execute even though it's not perfect you can gradually make improvements. The standard of what you are starting doesn't have to be as perfect as what you picture in your head, this is why too much knowledge on a particular thing keeps people limited, they see flaw and error in everything or assume it's not good enough.

The problem is not in the amount of knowledge that is in the mind but thinking too much about profit expectations without being balanced with the calculation of the risk of failure. Every business does not always run smoothly, even as successful as anything must find obstacles in its path.
Whatever type of business it is that determines success from the first steps, the first decisions and plans that are already made to understand how it works that ultimately shape the experience.

It will be so scary if starting a business and immediately you start seeing profit, in starting any investment hope business it requests a lot of sacrifice which are the challenges of business at the beginning. A lot of people could not be able to think of the reality of business until it finds them, they always calculate the profit not knowing that there is part of challenges in the business. I was once a victim of this circumstancy but honestly I could not realize until when it was too late, putting aside your profit when your business is still growing, this is actually the best thing because I've seen so many people who started feeding on their profit at the early stage and at the end their business collapsed.

[uneng]

Well, if you know too much about something, you should feel more comfortable with the idea of executing it. If you feel to not know enough yet, even though you already know a lot, it has to do with being an insecure person. Therefore, you shouldn't focus on learning more technical informations, rather you should focus on understanding why you are insecure like that, what may be imply understanding the roots of the issue.

I think knowing too much can be a curse in the sense you see further than other people, so you suffer for watching how things are going to end badly, at same time you can do nothing about it, since people have their free will to do as they wish.

[DiMarxist]

Every small thing that we are seeing today especially big business ventures started as small ideas. Even in the starting phase of the business, if someone waits until he is ready and feel comfortable about his business before ever thinking about starting then, am sorry that such a person may not achieve anything. This is one reason why people are always encouraged to start were they are and at their small individual capacities and level.

See reason why you should start in a small way, another reason why people should start small is it's the experience that you have gathered from that small business, is what you are going to use in managing the big business when eventually the business expands. You can't manage a big business when you have not been able to manage a small one, don't be too wise and be giving excuses because you feel that waiting for the big opportunities is the best.

[Taricoins]

When we intend to start up something be it business, crypto minvestment, trading and other things acquiring knowledge or doing research is the first step to take before starting up any of these but when you start focusing on the things you have learnt about all of these you start feeling reluctant to execute because there's a standard you set in your head and you will always think that you are not ready yet because you know too much.

if you keep on waiting for it to be perfect you might just spend years doing nothing, but when you execute even though it's not perfect you can gradually make improvements. The standard of what you are starting doesn't have to be as perfect as what you picture in your head, this is why too much knowledge on a particular thing keeps people limited, they see flaw and error in everything or assume it's not good enough.

I think this topic is very underrated when it comes to alot of things but from a personal opinion, I don't think knowing too much about the business or investment you want to get into is the reason behind certain delay, I think it's the feeling of uncertainty, the feeling like you won't be able to hack it, that's the underlying problem, whether you know it or not, that feeling will always be there and that feeling is the origin of your desire to know about that business before you enter it.

[Oluwa-btc]

When we intend to start up something be it business, crypto minvestment, trading and other things acquiring knowledge or doing research is the first step to take before starting up any of these but when you start focusing on the things you have learnt about all of these you start feeling reluctant to execute because there's a standard you set in your head and you will always think that you are not ready yet because you know too much.

if you keep on waiting for it to be perfect you might just spend years doing nothing, but when you execute even though it's not perfect you can gradually make improvements. The standard of what you are starting doesn't have to be as perfect as what you picture in your head, this is why too much knowledge on a particular thing keeps people limited, they see flaw and error in everything or assume it's not good enough.

Sometimes I was just scared of failing and getting criticised. Sometimes, you're just too focused on being perfect and waiting to execute only to end up not doing shit. The best way from experience has always been to fail enough, execute enough and all of these failures should be seen more like a feedback. I think it is the reason why they say that a stupid doer will out work or out do a smart non-doer. Overthinking is indeed a disease, the more you execute, the more you gather knowledge from both your failings and your success. Most importantly, it is advisable one becomes the one who executes regardless regardless.

[Dogedegen]

When we intend to start up something be it business, crypto minvestment, trading and other things acquiring knowledge or doing research is the first step to take before starting up any of these but when you start focusing on the things you have learnt about all of these you start feeling reluctant to execute because there's a standard you set in your head and you will always think that you are not ready yet because you know too much.

I don't understand this part, it sounds to me like you are making a contradiction or maybe you wanted to say something else. If you knew too much and understood that you knew too much how can you be not ready? Maybe you wanted to say something else like you don't know enough and always want more or aim more? In that case you could be correct because many successful business owners have not known that much about the business that they started and became successful in. They simply started one day, did the hard work, learned with their mistakes on the way and tried to correct, adapt and eventually they succeeded.. but this does not mean each story like this will be a success story.

if you keep on waiting for it to be perfect you might just spend years doing nothing, but when you execute even though it's not perfect you can gradually make improvements. The standard of what you are starting doesn't have to be as perfect as what you picture in your head, this is why too much knowledge on a particular thing keeps people limited, they see flaw and error in everything or assume it's not good enough.

Knowing a lot or wanting more knowledge is not exactly the same as perfectionism. From what I understand those are separate traits. They can sometimes come together, but they are still separate. Always wanting more knowledge is not an issue at all, it can lead to good outcomes but perfectionism can be dangerous.

[Female King]

When we intend to start up something be it business, crypto minvestment, trading and other things acquiring knowledge or doing research is the first step to take before starting up any of these

In anything that has to do with business and investments, it doesn’t do without research analysis first...except that the person that wants to venture into this two things i mentioned, is a novice, and is desperate to venture into the investment without knowing the procedures...

Already, not making research before investing, is one of the major things that contributes almost 85% of some investors and business owners losing woefully...Anyone that wants its business to excel, you most at undergoes seminar or search, that will throw more light for the person to know the advantages and disadvantages of what is about to go into...I agree with your theory...

Although i haven't seen anyone who just go into any business or an investment with out trying to ask and make researches about what they want to start before kick starting, but I'm convinced that most people who fail in business didn't make good findings before they started.
Those who are doing well in businesses today didn't just get up one morning and start doing business without knowing what they needed to know in that particular business or investment before they started, there are people who spend years just trying to learn and know about the business they want to do by serving someone who is already into such business and learn through it.

[abhiseshakana]

I think there's some hesitation when we already know too much about something. There's a chance that we have something on our mind that will make it difficult to start. Businesses, for example: I think many would agree that they could not start it because they researched too much and found out that there are already many businesses doing the same thing or making the same food or items, so it makes them hesitate to do it.

Even from the same instance you are giving knowledge still wouldn't work negatively to the person because if your research made you to understand there is a population in the method of business you want, at the same time it will also give you an ideas to use if you are still interested in doing the same business, perhaps that's why you see people leaving a popular business areas to look for other locations because with the knowledge they have they know that a non competitive environment will be more good for them than selling were consumers are being begged before patronage, so actually whichever way people would want to put it, knowledge or more will always be very effective in business.

About food business, i learn one think from my mentor that the most important thing are 3L which is LOCATION, location, location. Sometimes starting same business right next to an already existing/viral/sucessfull competitor is the good decision.  Such strategy give benefit to us with no need big cost for market validation, our competitor has prove it that there are demand. Another benefit we don't need to educate market about our product and i think being where potential customers have already gathered are very efficient, because we get exixting traffict effortlessly. Business consentration can create customer ecosystem

Knowledge does not always have to be used to be different. Sometimes, it actually gives us the confidence to do the same thing as our competitors, but with a more calculated strategy. Blue ocean strategy challenging but red ocean can give us opportunity if we understand consumer behavior and have the right competitive strategy. By having knowledge we don't always need to create new market, we just need give strong positioning to our product where the market already exist.

[Curious T]

I agree that knowing too much can be a curse, but this example you gave is not a good one. What hinders people from starting somewhere with what they want is that they want it to be perfect, they have very big ambitions, and they don't know they need to start small. It is not because they know too much.

Where knowing too much becomes a problem is in life. For example, when you know a lot in life, you won't be as happy as people who don't know more than you. You look at all the horrible things going on in your country, and you have become too intelligent to actually be happy. You can no longer be delusional. With that kind of knowledge, people who have less than you will be happier than you. That is why knowledge becomes a burden.