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Ask HN: We have a great team and capital but can't find a good idea

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Re: Ask HN: We have a great team and capital but can't find a good idea

#151
Solve some real life problem like:

1) Cancer , heart disease health related problem. 2) Depression 3) Poverty 4) Violence (how about a magic shield)

etc etc .. there are tons of real life problem that are yet to be solved and NEED to be solved for survival of human kind. Just open your heart and eyes and you will find.

Re: Ask HN: We have a great team and capital but can't find a good idea

#154
You are looking for a problem. It should be a problem that a) a lot of people have, b) you can fix, and c) people are willing to pay real money for.

Have you found anything that meets all three of these conditions? That would be something to jump on with both feet. But not a lot of opportunities like that come along. So how about a two out of three, with the third question being unknown? That might be worth trying, at least.

Re: Ask HN: We have a great team and capital but can't find a good idea

#155
post #60

I'm sure it must be out there already in some form, but you might want to give a shot at "uber for day laborers". It seems to me like there are opportunities on both the supply and demand side. On the supply side there its lots of room for improving gig hunting and payment assurance for laborers. Staffing agencies are of course in this space, but are pretty inefficient and catch only a small fraction of potential gig…

I concur. I needed a ditch dug a couple of weeks ago, and everyone was recommending that I drive to Home Depot and pick some guys up waiting for work. There has _got_ to be a better way. Note that this felt different to me than hiring a handyman or any other skilled trade, which feels like a semi-solved problem. Sometimes I just need some extra hands, and learning the unspoken rules around how to hire guys on a stree…

Your problem isn’t hiring people, it’s hiring illegals willing to work for cheap in the Home Depot parking lot.

Finding legal casual labor is tough because good workers with strong backs move up quickly, and you’re left with illegals and drunks.

Re: Ask HN: We have a great team and capital but can't find a good idea

#157

The few product ideas we came up with following the above process we dropped, often because we discovered that that space is ultra crowded or commooditized. GoDaddy founder Bob Parsons once said something like (paraphrased slightly) "never be scared to enter a crowded market. Just be better than everybody else". Something to think about. Beyond that, consider that your product is not the only dimension on which you c…

Being afraid of a crowded market is one of those counter-intuitive mistakes most people make. It's much easier to find a niche within a crowded market than to try to build something within a small market.

I entered a huge market as a solo founder with no industry experience and now get about 1% of the traffic that the big players with thousands of employees get, and I make a very decent income from it.

Re: Ask HN: We have a great team and capital but can't find a good idea

#158
post #107

Here's my idea. All I ask for is a free one if you use it. A drone fence. Hear me out. Problem: Fencing is FUCKING expensive. For many people who want to keep animals out (garden, animals pooping in the sandbox) buying a fence is really cost prohibitive. Plus they don't always work anyways. Solution: Self driving drones with IR cameras in specific locations. Place a camera or two in strategic locations, and have a dr…

Pretty good, but also quite niche. I think many people who build fences are not doing it just to keep things out, but also to keep things in, mark territory, provide security against more than just deer, aesthetics, etc.

However, on the fence industry, I could see a shake-up of fence estimation software. Perhaps one that uses ML to take the data necessary for an estimation (geographic data based on asker's location + parameters, materials & prices needed for the job, labor, etc) and create an estimation at the click of a button rather than from human input and calculations? Could help to bring your fence cost down (marginally, but still).

My dad was in this business his whole life, and said the software in the industry right now is shite. Ripe for disruption.

Re: Ask HN: We have a great team and capital but can't find a good idea

#159

Tough love: You've done too much reading on the subject already and will learn nothing from reading even more by indulging yourself in the comments here. And although good teams can find good ideas they have to "try and fail" at things, not just "consider and not try" things. I'm not sure how long you've been at this and which ideas you have considered and rejected and for what reasons, but if it has been longer than…

Yeah I agree that they appear to be missing a designer or product developer. More concretely, they need someone who is imaginative and can see the big picture from a user/customer perspective.

Exactly. And since that piece is missing, I wouldn't describe that team "great", but at most "good" or "promising". Maybe "promising but incomplete" is the best description.

As a team leader (or manager) one of your most important tasks is to choose the members and to get them together. If you didn't fill in all needed roles, you haven't finished that task.

(I wanted to add a Tom DeMarco quote here, but I don't recall which of his books described how to build a software development team - perhaps "The Deadline"?)

Re: Ask HN: We have a great team and capital but can't find a good idea

#160
post #107

Here's my idea. All I ask for is a free one if you use it. A drone fence. Hear me out. Problem: Fencing is FUCKING expensive. For many people who want to keep animals out (garden, animals pooping in the sandbox) buying a fence is really cost prohibitive. Plus they don't always work anyways. Solution: Self driving drones with IR cameras in specific locations. Place a camera or two in strategic locations, and have a dr…

mmh ...too much noise pollution. Mammals will learn quickly to visit the area at night.
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