The importance of focusing on problems rather than solutions when deciding which startup ideas to pursue is very important.
I kinda agree with this sentiment, and I feel that an equally valid approach is to start building something one thinks should exist in the world, rather than trying to fix a specific problem.
However, some successful companies, like Facebook, Apple, and Amazon, started by addressing a very specific problem. The importance of considering business models and the persistence required for following through on one’s ideas is underrated.
There is also constant debate about whether focusing exclusively on solving problems was necessary or if looking for opportunities to improve or innovate was equally important.
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Something as a founder I have decided over the years. Everywhere around you, you hear stories of founders who worked 16-18 hours a day, made their team work as hard, were assholes, shouted at people, made people cry.
You start to thi...
Your true test will come when investor pressure arrives at your doorstep.
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...
1. think of a target audience who has money to pay you (eg. male 35-45 year old) 2. try to solve a problem they ...
Another day, another "revolutionary" startup idea. It's like watching a never-ending cycle of pitch decks and valuations. The world is brimming with problems, and the startup ecosystem is teeming with solutions, or so it seems.
But here...
