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How to pick startup ideas

defmacro.org

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Re: How to pick startup ideas

#44
Question -- is there any good place to post ideas for startups? Quite often, I'm looking for a company that provides X, and there is no one that I'm aware of that does X. However, I can see how X could be a profitable business for someone, even if I'm not in a position to start X myself.

Re: How to pick startup ideas

#45

Earlier quoted context omitted.

> the more it just looks like right-place-right-time luck That's confirmation bias. There are tons more people than you know of in the right-place-right-time, but couldn't/wouldn't act on it. You still have to build the start up and be persistent at it, have the right vision, do the right adjustments when competition comes around. These are also features shared by the Microsoft / Google / Apples out there.

> There are tons more people than you know of in the right-place-right-time, but couldn't/wouldn't act on it. So, right-place-right-time-right-preparation? Boils down the same way, just with an added dimension.

CTY alumnus would be a bonus dimension, http://en.m.wikipedia.org/wiki/Center_for_Talented_Youth

Re: How to pick startup ideas

#46
post #44

Question -- is there any good place to post ideas for startups? Quite often, I'm looking for a company that provides X, and there is no one that I'm aware of that does X. However, I can see how X could be a profitable business for someone, even if I'm not in a position to start X myself.

http://www.requestsforstartups.com/

Re: How to pick startup ideas

#47
post #44

Question -- is there any good place to post ideas for startups? Quite often, I'm looking for a company that provides X, and there is no one that I'm aware of that does X. However, I can see how X could be a profitable business for someone, even if I'm not in a position to start X myself.

This is an idea me and a friend wanted to try out.

http://idealist.tips/

We promoted it but it didn't get any up-take

(the site is using the opensource lobste.rs code from https://github.com/jcs/lobsters )

There is also a sub-reddit where people post this type of stuff (i'm unaffiliated with it)

http://www.reddit.com/r/SomebodyMakeThis/

Re: How to pick startup ideas

#48
post #44

Question -- is there any good place to post ideas for startups? Quite often, I'm looking for a company that provides X, and there is no one that I'm aware of that does X. However, I can see how X could be a profitable business for someone, even if I'm not in a position to start X myself.

I normally give these ideas to people that I know and like and offer to talk the idea through with them if they ever decide to follow through.

Re: How to pick startup ideas

#49
post #44

Question -- is there any good place to post ideas for startups? Quite often, I'm looking for a company that provides X, and there is no one that I'm aware of that does X. However, I can see how X could be a profitable business for someone, even if I'm not in a position to start X myself.

was posted many times on HN: http://firespotting.com/

Re: How to pick startup ideas

#50
on saturated markets:

many of the companies you've never heard of made their money building an easier to use X in a saturated market.

If the dominant company in the industry has not made significant changes to their product in 10 years, then that's an obvious opportunity for a startup, even if the market is completely saturated.

at least in B2B i've found that many companies solve a problem for their customer demographic in year X, grow pretty big, and rake in the cash. They stay stagnant for X+5 to 10 years and they leave their customers frustrated without any real options.

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Another fallacy I hear from people thinking of ideas has to do with "solved problems"

A "solved problem" is just a problem with 1 solution. People are different, customers are different. Is there another way to solve the problem that obsoletes the previous solution?

ex: transportation; solved by "horse and buggy", and then obsoleted by cars and public transportation.

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