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How to Decide What to Build

dcgross.com

101–110 of 179 posts

Re: How to Decide What to Build

#101
post #59

Earlier quoted context omitted.

I don't normally talk about this, but here is what you are missing: Businesses that make (real) money revolve around one of two ideas: - They sell shovels - They are middlemen (middlepeople?) They sell shovels. This is stolen from the old saying that during the American gold rush the people who made the money were the ones selling shovels. Or facilitating others to go and do what they wanted (in this case, chase a wi…

What about Apple?

I'd say they are both. They sell you expensive shovels to take part in the FOMO gold rush, and they take a considerable cut of everything you buy with that shovel.

Re: How to Decide What to Build

#102

One of the points the author makes is that you should track the problems you have, and the ones that reoccur will be good signals to solve them. Does anyone else feel pretty content with what they have? Because this strategy I think Paul Graham has talked about in one of his essays for ideas. And to be honest, I do genuinely feel like I don't have much if anything to complain about, and so I can't really think of sta…

I'm exceptionally lazy and always feel the need more machines. I need a machine that washes and flosses my teeth fast and thoroughly, I waste 15-20 minutes each day doing that. I need a robotic dishwasher/cupboard cabinet that I simply open the lid, trow the dirty plates then simply pick them up clean from the adjacent cupboard. Ditto for dry, ironed laundry. I need a food printer with attached smart refrigerator tha…

Between a WaterPik flosser and a Sonicare electric toothbrush, I've knocked my daily dental hygiene time down to like 4 minutes.

It would be really hard to improve on that combo.

Re: How to Decide What to Build

#103
post #38

Earlier quoted context omitted.

This only applies to US and a bunch of other countries that would bother to enforce the law regarding cooking regulation. Most countries wouldn't really care as they have more important issues to solve than clamp down on innocent people making informed choices about their lives. So the idea isn't really bad.

> Most countries wouldn't really care as they have more important issues to solve than clamp down on innocent people making informed choices about their lives. So the idea isn't really bad. Yup. More important issues like no rule of law, no sanitation, low literacy rates, mob rule, etc. "Clamping down on innocent people making informed choices about their lives" is what you get to once you stabilize a society and sol…

> Yup. More important issues like no rule of law, no sanitation, low literacy rates, mob rule, etc.

That's just silly. There are plenty of countries out there with friendlier business climates that aren't still in the bush league. Most South American countries and Eastern Europe and many Asian countries should be on your list if you're considering moving abroad to start a business.

Personally my pick is Colombia.

Re: How to Decide What to Build

#104

One of the points the author makes is that you should track the problems you have, and the ones that reoccur will be good signals to solve them. Does anyone else feel pretty content with what they have? Because this strategy I think Paul Graham has talked about in one of his essays for ideas. And to be honest, I do genuinely feel like I don't have much if anything to complain about, and so I can't really think of sta…

I don't normally talk about this, but here is what you are missing: Businesses that make (real) money revolve around one of two ideas: - They sell shovels - They are middlemen (middlepeople?) They sell shovels. This is stolen from the old saying that during the American gold rush the people who made the money were the ones selling shovels. Or facilitating others to go and do what they wanted (in this case, chase a wi…

I often use the exact same example you gave to explain this to people (especially the one about the shovels) so I have a third thing you are missing:

Fashion

Although they can be called scammers and fraudsters when they are tech companies that can't deliver there are other sectors where utility isn't as apparent (literal fashion, art) and then sometimes well established players that are a little bit of each (middlemen, shovel salesmen..) start to capitalize on this angle, maybe Apple is the archetypical example?

Edited for clarity.

Re: How to Decide What to Build

#105
post #97

Earlier quoted context omitted.

I don't normally talk about this, but here is what you are missing: Businesses that make (real) money revolve around one of two ideas: - They sell shovels - They are middlemen (middlepeople?) They sell shovels. This is stolen from the old saying that during the American gold rush the people who made the money were the ones selling shovels. Or facilitating others to go and do what they wanted (in this case, chase a wi…

In this case, who is the middleman selling shovels for food? Uber Eats/Deliveroo/Foodora? I think they are middlemen between a restaurant which makes food, someone who wants to make some cash from his bike, and the client.

Blue Apron?

Re: How to Decide What to Build

#106

> validate your market how do you do this? Smartphones existed as PDAs for 10-20yrs before iPhone. If I had shown someone my Sony Clie and said "if I make this work with your finger instead of a stylus, simplify the UI, and charge you $80+ a month for service would you be interested?". except for a few geeks like myself the answer would have been "no, that stuff is for geeks" for most people and yet here we are 10 ye…

Advice like "validate your market," strategies for chicken-egg problems, or the first point (start from a beachhead).... These are not the same as "get a good accountant" or "incorporate this way." They're not hurdles to pass with good advice in specific detail. These are problems that need clever & creative solutions, and the answers usually aren't do exactly what you are doing now and also this thing. AirBnB starte…

This is good insight, and I upvoted you for it, but it doesn't really answer his question. Validating your market is business speak for making sure that you won't lose a ton of money at launch, assuming your execution isn't horrible.

All you have to do is to collect some amount of interest through something like a landing page. It won't guarantee runaway success, but it won't break the bank either.

Re: How to Decide What to Build

#107
post #59

Earlier quoted context omitted.

I don't normally talk about this, but here is what you are missing: Businesses that make (real) money revolve around one of two ideas: - They sell shovels - They are middlemen (middlepeople?) They sell shovels. This is stolen from the old saying that during the American gold rush the people who made the money were the ones selling shovels. Or facilitating others to go and do what they wanted (in this case, chase a wi…

What about Apple?

Shovels. The bicycle of the mind is selling people on something they want. The iPhone, aside from being a technological leap over other phones in the market, allowed people to feel better than others by the simple act of ownership. Everything in their repertoire revolves around selling more shovels. Remember the app store rush? What fueled it? The opportunity to make an app and get rich.

Re: How to Decide What to Build

#108
post #38

Earlier quoted context omitted.

This only applies to US and a bunch of other countries that would bother to enforce the law regarding cooking regulation. Most countries wouldn't really care as they have more important issues to solve than clamp down on innocent people making informed choices about their lives. So the idea isn't really bad.

> Most countries wouldn't really care as they have more important issues to solve than clamp down on innocent people making informed choices about their lives. So the idea isn't really bad. Yup. More important issues like no rule of law, no sanitation, low literacy rates, mob rule, etc. "Clamping down on innocent people making informed choices about their lives" is what you get to once you stabilize a society and sol…

Supper clubs are quite popular here in Europe. We have excellent sanitation and literacy, thank you.

https://theculturetrip.com/europe/germany/articles/discover-...

In addition to the fancy ones in the articles there are a lot that are cheap and emphasize dining together with strangers. I went to a Syrian refugee dinner in a cafe/film theater. The Syrians were all smart college grads with interesting stories.

There used to be a lot of squats in Berlin that were given legal status as long as they did a community dinner once a week. Punk bars and cafes would serve vegan chow for €2. It wasn't like a restaurant at all, more like visiting friends. Probably this still happens but I haven't gone in a long time.

Re: How to Decide What to Build

#109
post #61

Earlier quoted context omitted.

Thank you for this thorough and thoughtful response! Lots to soak in here. I agree, I am certainly not Elon Musk, there is no ego here. I'm just saying that the problem spaces I want to help with (environment, health/fitness/healthcare) don't seem like the problems I can effectively tackle because, as I mentioned before, I can't seem to find a way to divide-and-conquer into a smaller idea I can execute on. Do you hav…

Let me try: How about a variant of your "selling food to neighbors idea"? Build a platform where people can organize local "cooking clubs" (like meetup.com for cooking). You can find other people in your area who like to cook (sometimes) and everyone in the group makes a meal for the rest of the group, taking turns. That way, if and what is cooked is not your business (no regulation), you're just facilitating the mee…

Your heart is in the right place, but that idea will fall flat when compared to existing social networks.

Re: How to Decide What to Build

#110

One of the points the author makes is that you should track the problems you have, and the ones that reoccur will be good signals to solve them. Does anyone else feel pretty content with what they have? Because this strategy I think Paul Graham has talked about in one of his essays for ideas. And to be honest, I do genuinely feel like I don't have much if anything to complain about, and so I can't really think of sta…

I'm exceptionally lazy and always feel the need more machines. I need a machine that washes and flosses my teeth fast and thoroughly, I waste 15-20 minutes each day doing that. I need a robotic dishwasher/cupboard cabinet that I simply open the lid, trow the dirty plates then simply pick them up clean from the adjacent cupboard. Ditto for dry, ironed laundry. I need a food printer with attached smart refrigerator tha…

Also fun idea, why should you have a cupboard to store your china and silverware etc in?

Why not just have the washer also be the storage, then you just walk up to it and select e.g. plate + fork on the frontend and it spits out a clean pair for you. When you're done you place them back in and they're washed and stored for later use.

Same for the clothing, although in that case one might argue that a lady might enjoy the display of the product and wants to physically see them.

Ideally in the (small) house of the future the tighter packing allowed by the machine might be a great advantage.

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