4 ms·
I totally agree with your first point, and you lost me on the last sentence. Competition is a great data point, but just because you don't have any competition
by tylerwince 6y ago
I totally agree with your first point, and you lost me on the last sentence. Competition is a great data point, but just because you don't have any competition doesn't mean you aren't solving a real problem.
- MattGaiser 6y agoTo me it would be extremely rare that the identification of a problem is unique. A particular solution? Sure. On the other hand, lots of people are solving problems which are not real. I agree that finding a unique problem is possible, but it is more probable that you are missing something.
- tylerwince 6y agoSure. I also wonder if Perrel is hitting on the idea of avoiding competition by Thiel. https://mastersofscale.com/peter-thiel-escape-the-competition/ https://mastersofscale.com/peter-thiel-escape-the-competitio...
- remmargorp64 6y agoIf there is a demand for something, somebody somewhere has most likely already cobbled together a solution to meet their own need, and then turned around and resold that solution to other people. It's extremely rare to find a widely spread problem with zero pre-existing solutions or competitors in that field.
- tylerwince 6y agohttps://news.ycombinator.com/item?id=23825744 https://news.ycombinator.com/item?id=23825744
- remmargorp64 6y agoEscaping your competition by blowing past them is a fundamentally different concept than finding problems to solve that don't already have solutions and existing competition though...
- MattGaiser 6y agoThis is more intensely competing so that you never compete again.