Of course, a founder needs business competence. Better put, a founder who wants to be successful needs business competence. Having solid understanding of business principles, backup plans, and so on, contributes significantly to the success of a business. Yes, passion, skill and talent are also useful.
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I feel is not all business founder need to be competent in business if they have someone else that can fill that space. Although they can learn later but if they have the idea and they have someone to help them build on it
Then I think good