Problems worth solving is a concept worth spending time on. Building an other app for chatting is a trivial problem, 1 likely not startup worthy. The key is to think about the process of finding problems worth solving. If it has a low barrier to entry 4 U it does for others 2.
Dont chase the same rabbit as all others, find things that from the outside in are extremely challenging to scale but likely can. It might be better to focus on something very hard at first sight, something unsexy and messy. All the world's problems if looked at from a tech lens
Will continue to make u think that all problems are technical problems. Just like we all read the same blogs, follow the same popular tech news we continue to be a curated version of the world's technical output. This makes us shortsighted in terms of the problems of this world.
The key to win is to start to look outside the narrow window of the startup mainstream. New companies and ideas are growing every day in the 'old economy' use the tech lense to solve for that. Good things will happen if we looked outside this startup mainstream. But most dont.
Within our circle of relevance of geeks we glamorize growth hacking and APIs, and CPM, think about it, isn't it or wont it be hard to find a distinct advantage over others in a group of peers all wired the same way? There are more startup opportunities than we can visualize but
We must re configure our disposition from looking away from tech oasis to tech desserts. When u have water u go sell it in the dessert vs next to a natural spring. So find ur deserts. Be the outsider in other people's industries and apply ur tech skills in helping them scale.
I'm confident that an outside view will likely prove to be more scalable & help industry natives rely on you for better outcomes. A fresh pair of eyes with a technical mind set is likely to succeed more. Be the lost tech tribesmen in different deserts vs being a me2 agent at home
We live in a utopia of one click card payments,a place where every 1 has apps for collaboration & for tokenizing info & are tech literate. It's this fantasy that will get us killed. Don't be misled that tech is every where, u are lucky that it isn't, it's still finding its way.
Don't pay to play. Founders who will win will go after hard, dirty, unsexy industries likely due to the fact that no VC money is being announced daily in their vertical meaning no competition breathing down their neck. How to spot the unsexy?
Simply look at
1) deep offline processes with automation or efficiency potential
2) manual work with dying skills
3) severe localization and reliance
4) things the wealthy do/need
5) things with decade old grandfathered contracts or processes /regulated
U know u have won when..
1) deep offline processes with automation or efficiency potential
2) manual work with dying skills
3) severe localization and reliance
4) things the wealthy do/need
5) things with decade old grandfathered contracts or processes /regulated
U know u have won when..
The top players in all of the above verticals would say that they do not need technology. That is ur market product fit right there. The upside for the right solution at scale will be disproportionate as will the effort required to win. These niches won't find u, u must find them
No time like the present to drastically shift your thinking & find your technical desert. @rebootdude @jehan_ara @TalhaIzhar @Ash_Kalim @SaadGH @YusufJan @TheNestiO @id92_pk @shahjahan_ch
Auto correct. Should be disrupted no less till it knows the diff between desert and dessert. One of u can solve for that :)
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