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This is a very important/interesting question,i wish more people would give they thoughts on it. I don't think you are approaching the question from the right
by soulbadguy 11y ago
This is a very important/interesting question,i wish more people would give they thoughts on it.
I don't think you are approaching the question from the right angle. If by 'interesting' , you mean problems whose solutions would provide a lot of value (whether you want to convert that value into money for yourself, or just looking for the satisfaction of doing some good in the world), then most of those problems are just not problems yet. Nobody has actually identified them as such.If you think of it, before google map,facebook,Uber,wikipedia etc... nobody actually knew that we needed those. The problems were there, just that nobody though of them as problems or nobody could anticipate the magnitude of the value that solving those problem would provide.
I think the guys from Y combinator (or is it from the book zero to one) say it perfectly : 'Which company nobody is building...'.Nobody is building them not because of the lack of resources, but because nobody have found a way to identify them. So to answer your first question, nobody knows how to reliably and repeatedly identify interresting problems.
As you i have been think about this question quite a bit lattly, here my though so far :
1 - The difficulty of identifying worthwhile problems can be though as a form of uncertainty, so learn about strategies to deal with uncertain environment. Zero to one, lean start-up and anti-fragility all treat this subject from different angles : in a nutshell, forget about find the right problem, start multiple small projects, iterate fast, be flexible, invest small and kill then unsuccessful project quietly.
2 - The other strategy is to leverage your particular expertise to identify problem in your domain. Depending on your domain, you might stumble into a niche problem which can generate a a lot of value for yourself (since you would have less competition)
Hope it helps
- edithv 11y agoThank you for replying! "nobody knows how to reliably and repeatedly identify interresting problems" Are we sure of that? In some ways, having access to Google most popular searches can be a way of identifying these problems... Or at least some of them. I am wondering what are your other thoughts on the subjects. If you care to share, I would like to hear them :)
- miguelrochefort 11y ago> If you think of it, before google map,facebook,Uber,wikipedia etc... nobody actually knew that we needed those. The problems were there, just that nobody though of them as problems or nobody could anticipate the magnitude of the value that solving those problem would provide. Is that true? I have thought of all these things, and thousands more. I know of thousands of problems that nobody is working on. I always thought that the hard part was to get people to appreciate these problems, and that it's often too early to attempt to fix them now. If what you say is true, I will quit my job today and become a billionaire. Finding problems is trivial.
- abourbaki 11y agois there a way that I can PM you? you seem to have similar questions as I do...