James, Does the midwit problem manifest in entrepreneurship? Because it appears

James,
Does the midwit problem manifest in entrepreneurship? Because it appears so to me – but it might be because of the indutries I’ve been involved in. Being a bit smarter isn’t enough. Most of biz is a combination of personality intelligence, and extraordinary capacity and willingness to work in the face of frustration. The need competitve expertise in some niche, the ability to identify an unserved customer base, and the potential to capture some portion of that base with limited resources. When there is limited competition for that base. And it’s usually achieved through greater personal attention then then scales into reputation, word of mouth, and decreasing costs of developming and maintaining a revenue stream.
What am I missing?

Reply addressees: @Psyche_OS