Building a company from scratch
Hi all , I’m IT professional and thinking of building something my own . I neither have any business experience nor any MBA degree . I grew up in middle class family with parents as govn employees. Any guidance , from where can I start with?
Talking product sense with Ridhi
9 min AI interview5 questions
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think of a target audience who has money to pay you (eg. male 35-45 year old)
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try to solve a problem they might be facing (eg. don’t have time to look for cheap flight tickets)
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find a solution to their problem they would pay for (eg. a website with cheap curated travel deals)
Easier said than done, but could try it!
After building 2 startups, this is good advice to start with.
Start with a big/complex problem that you have a solution for. Then sell that solution at scale.
Big/complex problem? No, never. Start with a simple problem, try to fix it for a target audience. Startup is not "go big or go home".
@HelloCTO you do realise simple problems have simple solutions that can be made by anyone?
Where's the moat in simple problems that are easy to solve? Have you ever started a startup from scratch?