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Do you have a problem to solve, an idea of how to solve it, and is now the right time to start a company to build it? Does this problem-solving idea keep you up
by byoung2 12y ago
Do you have a problem to solve, an idea of how to solve it, and is now the right time to start a company to build it? Does this problem-solving idea keep you up at night? Then you should just start the startup now to test the waters. If you are just interested in the idea of starting a startup for the sake of starting a starup, then go work for someone else's startup to see how hard it is, and you might just get some sense knocked into you.
- sourabh86 12y agoI have a problem to solve and an idea of how to solve it(at least that's what I think). Not sure whether it is the right time to build it (how do you define that? Isn't it always the right time?)
- byoung2 12y agoNot sure whether it is the right time to build it (how do you define that? Isn't it always the right time?) With a startup (or more specifically, your product), timing can make or break you. Releasing a tablet in the '90s was too early, because there wasn't freely available WiFi or mobile broadband. There were electric cars before Tesla, but they didn't take off because battery technology wasn't good enough, and gas was too cheap. It is a good question to ask yourself (because the VCs will). Why is now the perfect time to launch this startup, and not 2 years ago or 2 years from now?