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Is there any industry or history where you can draw from personal experience? What inefficiencies have you noticed? What problems have you noticed from the co

Is there any industry or history where you can draw from personal experience? What inefficiencies have you noticed? What problems have you noticed from the consumer end of your relationships with businesses? Could you make something obsolete with automation, or make something else more efficient and profitable? You don't need to be the first one to come up with an idea for a startup. Most startups fail, even if they came up with a very new and unique idea. You just need to be the one who does executes it better. For people starting out, I would suggest looking at "inevitable" trends. Things that seem like they will certainly be popular or prevalent in 2 to 5 years. Examples: - Cannabis legalization: It's virtually inevitable that cannabis will be legal in all 50 states, there's lots of room for ancillary businesses. - Crypto currency: This is becoming more and more mainstream. If you can come up with some way for the average person to benefit from and want to use crypto, there's great opportunity available for you. - VR: The tech for vr is improving every year, and mainstream adoption is increasing. There's still no "killer app" for VR (a "killer app" is software that convinces people to want to buy the hardware en masse). - IoT: Adoption is increasing for smart lights and other devices, but they're still a luxury for most people. Can you come up with some connected everyday device that people can't live without? Look at what's working well in similar industries that could work well in emerging industries. One of the first "successes" I had was to create very simple apps for Android in 2008/2009 which simply showed quotes from popular celebrities. The technology was not impressive at all, but it was obvious to me that many people would get smartphones in the next few years. I learned that you could take something people love in one medium, and reproduce it for a new and emerging medium to gain "free" marketing as the medium grows.

DrNuke 9y ago
>- Crypto currency: This is becoming more and more mainstream. I second this for 2018 but the quicker you ship your project the better: becoming mainstream means the sector going to cap saturation / projects flooding / big boys regulation pretty soon.
thisisit 9y ago
> - Crypto currency: This is becoming more and more mainstream. If you can come up with some way for the average person to benefit from and want to use crypto, there's great opportunity available for you. This might be both good and bad as the steam runs out of the current climb. That said, I have been wanting to build something which might solve the volatility issue in cryptocurrency but see multiple problems. For one, I have zero programming knowledge and I have been trying to learn but it is going no where very fast. Second, the cryptocurrency crowd is difficult to please. This service, at least for starters, might cost a lot of money which might not go down well.

DrNuke 9y ago

>- Crypto currency: This is becoming more and more mainstream. I second this for 2018 but the quicker you ship your project the better: becoming mainstream means the sector going to cap saturation / projects flooding / big boys regulation pretty soon.

thisisit 9y ago

> - Crypto currency: This is becoming more and more mainstream. If you can come up with some way for the average person to benefit from and want to use crypto, there's great opportunity available for you. This might be both good and bad as the steam runs out of the current climb. That said, I have been wanting to build something which might solve the volatility issue in cryptocurrency but see multiple problems. For one, I have zero programming knowledge and I have been trying to learn but it is going no where very fast. Second, the cryptocurrency crowd is difficult to please. This service, at least for starters, might cost a lot of money which might not go down well.