- The very best startup ideas have three things-
1)Something founders want themselves
2)Something they Can build
3)Few other people really want it.
-Problems
It is necessary to solve the problems you have because it ensures that the Idea exists because the most common mistake is people solve those problems with startup that don’t really exists on the first hand.
It is arised because people try to think of startup ideas and it produces ideas which can sound plausible enough that you start working on them but in reality are bullshit.
-Well
- You have to take a startup idea which is at least some people need very urgently.You have two choices either you make something for large population with less urgency or small population with large urgency.The former is broad but shallow(And usually the made up start up idea exist in this place) whereas the latter is narrow but shallow and there is the place good startup idea exist.
- When you are starting up a startup-try and ask that who wants I right now and is it so urgent that people may use the crappy first version of it.And if the answer is yes you are on a right path.
- It is a good condition for startup ideas but not the sufficient one. The Idea must be able to expand from the first set of users.
-Self
My Top Takeaways and summary from Paul Graham Essay on How to get Startup Ideas.
- Be on the leading edge of a rapidly changing world and build what is missing.
- If you make efforts of thinking ideas they will result into bad and worse sound plausible that you will be fooled to work on them.
- If you want to work on a startup Idea ask whether there are some users who would use even the first crappy version because there is urgency.
- Just turn on your filter of finding what's missing and better as a background process running in your mind to see the gaps and turn of the filter of asking that could this be a big company or not.
- The very best ideas often emerge as side projects because they are so unconventional that your conscious mind would dismiss them as viable business concepts. So work on Side projects to solve problems.