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Ask HN: 23 year old loss in life. What to do now?

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Ask HN: 23 year old loss in life. What to do now?

#1
Just a bit of background. I'm 23 years old this year. Graduated last year from a top university in UK with a Bachelors(Hons) Chemical Engineering. Right after I graduated, I went back to my home country Malaysia. I always knew I wanted to start a startup. In fact, I did try to start a couple of startups -Tripadvisor-ish for students, Groupon clone and some small 'projects' during the summers like trying to sell "pure fruit juice" during carnivals and stuff like that. None worked out. Last year when I came back, tried to start an online grocery startup but within 2 months, I just knew it wasn't feasible unless I had some decent funding or some sort.

After all these "attempts", I decided to stop and reflect. For the next 6 months, I literally just stayed in my room trying to come up with ideas, but none came up. As PG says "The way to get startup ideas is not to try to think of startup ideas. It's to look for problems, preferably problems you have yourself." Meanwhile, I read books and taught myself how to code to pass time. I even started applying to corporate jobs but was rejected for every application. One day, my friend contacted me to ask me to join his startup. I joined, but the company was in a very bad shape and it closed down within 4 months, and that was about 1 month ago. Ever since then, I’ve been trying to sell an animal feed called rumen bypass fat(dad’s idea), but no customers so far. I also tried applying to a few local startups .

So that’s it. I am utterly loss right now. If you asked me what I really want in life, I’d say I want to make a difference on a large scale. I’d like to start a startup that solves hard engineering/science problem. The local startup scene is still playing catch up at the moment. The hot stuffs are ecommerce, on demand startups etc... Hence, I’m not particularly excited about joining the startups in the local scene and I would like to avoid joining big corporate companies. Any advice?

Re: Ask HN: 23 year old loss in life. What to do now?

#2
I would say go work for another company. At 23 y.o. there is a lot to learn about managing people, running companies, planning and executing projects.

While you are looking for that next great idea, get the skills so an investor believes that you can execute on that great idea.

Re: Ask HN: 23 year old loss in life. What to do now?

#3
I think you have the general idea - look for problems to solve.

You won't stumble upon ideas locked in your room. You must get a job, any job, and look at all the problems surrounding you.

Think about timing, luck, skill, and opportunity.

luck = preparation + opportunity opportunity=get out there

Re: Ask HN: 23 year old loss in life. What to do now?

#4
post #2

I would say go work for another company. At 23 y.o. there is a lot to learn about managing people, running companies, planning and executing projects. While you are looking for that next great idea, get the skills so an investor believes that you can execute on that great idea.

Would you recommend any particular industry? Should it be a startup or a bigger company?

Re: Ask HN: 23 year old loss in life. What to do now?

#6
1. Quickly create a project you personally think is useful. Learn whatever skills that are necessary to do it yourself. It doesn't matter what it is. It could be model train videos on YouTube. The important thing is that you are personally excited by making it exist. Don't worry about how serious it seems at all. Tinker.

2. Publish it to the world and get it in front of as many likely users as possible.

3. Based on the feedback of users, give up or push ahead. Don't spend more than a few months on any project unless you're 100% sure it's awesome. Just do something new.

4. Repeat until you've found something both you and users agree is great.

You only have to be right once to have a big impact.

Re: Ask HN: 23 year old loss in life. What to do now?

#7
post #6

1. Quickly create a project you personally think is useful. Learn whatever skills that are necessary to do it yourself. It doesn't matter what it is. It could be model train videos on YouTube. The important thing is that you are personally excited by making it exist. Don't worry about how serious it seems at all . Tinker. 2. Publish it to the world and get it in front of as many likely users as possible. 3. Based on…

Well, the one thing that pops up is to create an Ebook about learning web development in 30 days. It's not going to be a startup or anything. It's just something that I could probably ship it in a month and I might learn how to sell a product at the same time. Only thing is, there are a ton of materials outside for free already, so I could potentially be wasting my time.

Re: Ask HN: 23 year old loss in life. What to do now?

#8
post #4
post #2

I would say go work for another company. At 23 y.o. there is a lot to learn about managing people, running companies, planning and executing projects. While you are looking for that next great idea, get the skills so an investor believes that you can execute on that great idea.

Would you recommend any particular industry? Should it be a startup or a bigger company?

Definitely a startup - you will get lots of exposure to skillsets outside of your core training.

i.e. as a developer, you will be able to talk to sales people, or customer support people.

You will learn to talk and interact with people who think very different than you.

A big company rewards extreme specialization. A startup rewards versatility.

Re: Ask HN: 23 year old loss in life. What to do now?

#9
post #2

I would say go work for another company. At 23 y.o. there is a lot to learn about managing people, running companies, planning and executing projects. While you are looking for that next great idea, get the skills so an investor believes that you can execute on that great idea.

I would agree with that advice, but for a different reason.

The fact is the gkjin evidently doesn't have any actual problems in his/her life. Being intelligent enough to go to a top university, wealthy enough to study abroad and then not need a job afterwards, and capable enough to try to start something ... that all adds up to a nice, comfortable life. There aren't any real pains to find solutions for. And seeing pains to find solutions for is where the spark of entrepreneurial inspiration comes from - startups are about seeing a pain and building a solution to it.

Getting a job, regardless of the industry, will expose you to problems that need solving. Most people try to solve them within the limited confines of their job so they can look great to their manager, but the trick to building a startup is to work with the problem long enough to see a solution, and then leave your job to build the solution and sell it back to the industry you worked in. Lots of great, successful startups begin this way.

Re: Ask HN: 23 year old loss in life. What to do now?

#10
post #7
post #6

1. Quickly create a project you personally think is useful. Learn whatever skills that are necessary to do it yourself. It doesn't matter what it is. It could be model train videos on YouTube. The important thing is that you are personally excited by making it exist. Don't worry about how serious it seems at all . Tinker. 2. Publish it to the world and get it in front of as many likely users as possible. 3. Based on…

Well, the one thing that pops up is to create an Ebook about learning web development in 30 days. It's not going to be a startup or anything. It's just something that I could probably ship it in a month and I might learn how to sell a product at the same time. Only thing is, there are a ton of materials outside for free already, so I could potentially be wasting my time.

It seems like you're trying to come up with ideas you think are marketable. That's fine of course, but my advice is to worry about that much later. The best source of initial ideas is organic real-world things. You can't force it exactly, except by constantly creating new interesting things. Eventually you're likely to tap into at least one rich vein of human need.

Uber was created because Travis Kalanick wanted to be able to order Lincoln Towncars from his iPhone. He expected it to be used by rich people for airport and nightclub rides. A niche service for the elite. He had no idea they would be recruiting regular people to drive other people around. Now they're on course to change transportation across the world for everyone. They may eventually spare millions of people from drunk driven accidents.

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