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Until the updated version gets written, just a reminder that's been said several times and that PG reiterated at this year's Startup School: focus more on solvi
by jc123 15y ago
Until the updated version gets written, just a reminder that's been said several times and that PG reiterated at this year's Startup School: focus more on solving problems instead of ideas.
- kelnos 15y agoPerhaps I'm just not seeing the distinction, but can't they be the same thing? You can use an "idea" to solve a "problem". An idea (whether self generated, or off a list from pg's head) could be rooted in a real-world problem.
- sidi 15y agomost of the ideas that you start with actually change later. So, not a good idea to fit problems to an idea, they would almost never perfectly match.
- cubicle67 15y agoeg problem = persistent storage idea 1 = reel to reel tape idea 2 = self contained cassettes idea 3 = hard disks idea 4 = floppy disks idea 5 = flash based drives If you concentrate on the problem (we build the most reliable/fastest/cheapest devices for persistent storage) instead of the idea (we build the most reliable/fastest/cheapest tape drives) then you're less likely to be screwed when the market or technology changes
- glimcat 15y agoUnless your problem is "we solve epicycles" - neither is going to insulate you from obsolescence. The benefit to targeting a "problem" is that you have a preexisting need. An "idea" with no existing "problem" may require several years of extra lead-in where you are struggling to get people to understand what you do and why it should matter to them. It can work, but the ratios are less favorable for a VC-style investment which looks for fast turnaround with minimal risk and orders-of-magnitude payoff.
- swalsh 15y agoSlightly unrelated, but here's a question i've been searching to answer. When I worked in the IT department of a non tech company, I saw tech-solvable problems everywhere. Today I work for a deeply technical engineering company. I Engineer for Engineers. I'm very serious about starting a company, however it's becoming increasingly harder for me to see problems I can solve that aren't consumer oriented. I think consulting is the best way to get into a non tech company to find problems... but I'm not sure how to get in.
- AznHisoka 15y agoYou got a valid point. A a trick could be to focus on a problem, encounter many ideas (especially from other fields), and see if you could apply that idea to solve that problem. A problem that's hard for a technical person to solve could be trivial to someone who looks at it from a psychological point of view, and vice versa. But the key is to always have a set of problems floating in your head. Having an idea, and seeing what problems that idea can solve is not as effective, as you often end up trying to force a square into a hole.