[HN Gopher] A summary of my learnings on how to find startup ideas
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       A summary of my learnings on how to find startup ideas
        
       Author : Lior539
       Score  : 88 points
       Date   : 2022-10-13 14:16 UTC (8 hours ago)
        
 (HTM) web link (liorn.substack.com)
 (TXT) w3m dump (liorn.substack.com)
        
       | fisian wrote:
       | This reminds me of innovation management [1], but done by
       | individuals (founders) instead of existing organisations. The
       | wikipedia article links some more techniques, including some of
       | which are in the post like brainstorming.
       | 
       | [1] https://en.wikipedia.org/wiki/Innovation_management
        
         | contingencies wrote:
         | IMHO the last thing innovation needs is management.
        
       | _pete_ wrote:
       | My startup idea is a browser extension that corrects "learnings"
       | to "lessons".
        
         | tabtab wrote:
         | It's "learnificationism", -George W. Bush
        
       | BWStearns wrote:
       | I giggled a bit at "war" being a new thing instead of basically
       | the oldest thing (yeah I get what they meant but still).
       | 
       | I think regulatory opportunity is often under-appreciated. Very
       | subtle, boring things can move a business model or technology
       | from impossible to insanely valuable.
        
       | Simon_O_Rourke wrote:
       | While innovation and trying to find start-up ideas is very
       | praiseworthy, why not just trawl through the last YC Startup
       | Directory list and figure out what might fit your particular
       | favorite domain, with some modification?
       | 
       | I guess that if you came up with some completely novel idea, say
       | facetiously, some cyrpto-subscription knock-off of flappy bird
       | where you play against others. I can almost guarantee that if it
       | showed any kind of traction, somebody out there would copy it
       | either directly, or similarly enough. Then, if they get the
       | execution down better than you, that's their start-up company
       | taking off.
       | 
       | It's the whole red ocean/blue ocean analogy - there's more good
       | ideas out there already, badly executed, that are just waiting
       | for you to pick up and do better.
        
         | nerpderp82 wrote:
         | Great ideas are everywhere! But you don't need good or even
         | great ideas to make a startup, you need something that a VC
         | will fund and that a big corp will acquire. Analyze that field
         | and surf the gradient.
         | 
         | Find whatever huge entity with lots of cash is throwing that
         | cash around and figure out how to make something that the cash
         | will stick to.
         | 
         | Over the years it has been Autodesk, Microsoft, IBM, Cisco,
         | Softbank, etc.
        
         | nthacker wrote:
         | At first glance this sounds like genius but its not
         | 
         | YC or any successful VC doesn't fund ideas. There is something
         | else the founders have figured out which is key to success and
         | funding. This could be a distribution trick, a key insight, a
         | user growth metric.
         | 
         | Its not hard to imagine YC or a VC coming across the same idea
         | pitched by different founders. Why they picked the team they
         | picked cannot be obvious from trawling the startup directory,
         | that insight is hidden, its literally a secret that should be
         | guarded
        
         | achillesheels wrote:
         | Because that is an abstract way of solving problems. One needs
         | to _feel_ the pain of the customer to gain necessarily greater
         | "domain" expertise in intuitively perceiving conditional
         | possibilities which are _necessary_ in producing value, or
         | regenerative feedback gain in the human system, e.g. society.
        
       | rodolphoarruda wrote:
       | > an unmet need of someone else.
       | 
       | I found this to be very productive, especially when I'm able to
       | speak to senior managers who know exactly what the problem is;
       | what is holding their performance at a lower level.
       | 
       | Their reaction is always pragmatic saying what they need and,
       | believe me, at what cost.
        
       | hardwaresofton wrote:
       | You could also just let me send them to you:
       | 
       | https://unvalidatedideas.com
       | 
       | I think the regulatory changes area is quite under-explored.
       | 
       | In the end though, a clear visualization of the customer is key
       | --- how can you actually _find_ the person that will buy your
       | product?
        
       | jjk166 wrote:
       | Trying to come up with an innovative idea out of the blue is a
       | fools errand - the odds of you being the first person to ever
       | think of something are low to begin with, the odds that you will
       | do so in a field you have no experience in and that this unique
       | idea will also be a good one are astronomically low. That the
       | idea is both good in its own right and also something you have
       | the passion and skill to tackle is substantially less likely
       | still.
       | 
       | I think the best strategy is to just pick an area you know you
       | generally enjoy working in, and start building a copy of
       | something that already exists in that space. As you go along you
       | will inevitably run into the same problems that others previously
       | faced, and at some point you're going to find some fork in the
       | road where everyone went one way but you think it's worth trying
       | the other, or you will find some problem that everyone in the
       | space has been dealing with that you could fix. Unlike high level
       | ideation, in this scenario when you find an idea it will be
       | something that you are already an expert on and passionate about
       | solving, and the value of such a solution would be immediately
       | clear.
        
         | achillesheels wrote:
         | I would further mentioned that by being a late comer, one can
         | actually _gain_ in what others have learned form their
         | mistakes, to enter at a _better than conceivable_ market
         | position. This is the principal doubt an investor ought to
         | consider when beginning a new venture: will the motion I put
         | into the markets grow or decay? And certainly, it is simplified
         | to invest in a market where there is actually demonstrated
         | value in there being n >1 competitors.
        
       | Lior539 wrote:
       | Hi folks! I've been searching for new startup ideas and problem
       | areas to tackle. Here's a summary of my learnings on how to do
       | it. I'm sharing it with you in the hopes that you'll be able to
       | point out what's missing and help me fill in any gaps
        
       | tabtab wrote:
       | In the past few years when ideas are requested on Hacker News,
       | plenty are provided. I'll link them if I can find them again.
       | There's a lot of itches to be scratched in tech. "Dynamic
       | Relational" would be nice, for example. Many want dynamism
       | without having to throw out all their existing RDBMS/SQL
       | knowledge to switch to NoSql (to get dynamism).
       | 
       | We also need a stateful GUI markup standard/browser/pluggin to
       | reduce reinventing GUI engines via JavaScript + DOM. (Best to
       | open source it, but charge for logo usage, certification, etc.
       | Your site would be the de-facto reference documentation, and you
       | can put ads on it.)
        
       | nate wrote:
       | Another way I like to look at this is to define Innovation in a
       | bit of a different way then most people think about it. If you
       | think about Innovation as simply "removing steps from a process",
       | it's a playground for all sorts of ideas.
       | 
       | In a nutshell, take any process at all. Maybe something you do a
       | lot. Or something you have some vested interest in. Or something
       | that you aspire to learn. Really break it out into its nitty
       | gritty step by step details. Now mull over where you see steps
       | that can be removed or combined. That's what most of the time
       | people get really excited about. E.g. "They used to have to do
       | these 7 things to order a cab, and now its just these 3 things"
       | 
       | Concept is described really well in this book:
       | https://www.amazon.com/Something-Really-New-Creating-Innovat...
        
         | Lior539 wrote:
         | That's a great tip! Thanks for sharing nate. I'll have a look
         | at the book too
        
         | LouisSayers wrote:
         | I'd define it a bit more generally as a reallocation of
         | resources that results in a higher yield.
         | 
         | You may not exactly remove a step, but simply adapt it - e.g.
         | self-checkout.
         | 
         | I'm sure there must be some examples where an innovation added
         | steps - e.g. the takeoff checklist for pilots.
        
           | achillesheels wrote:
           | I'd define it as necessarily causing greater physical
           | efficiencies of human motion or human action per circadian
           | periodical cycle, where high-tech causes necessarily >10
           | efficiencies in coordinating human action for achieving the
           | same goal.
        
       | dr-neptune wrote:
       | Another useful idea in this same quest is to keep an ideas file
       | that is easy to update. Then hold yourself accountable to add at
       | least 1 idea a day, no matter how silly.
       | 
       | Over time you will find yourself dredging up all kinds of ideas
       | without meaning to (while doing other things) and before you know
       | it you will have a long list that can then be prioritized and
       | explored
        
         | acuozzo wrote:
         | I like this, but my issue is that the ideas I have are
         | exceptionally hard to vet since I'm such a weirdo1.
         | 
         | My dream would be to start a so-called "micro-startup" selling
         | B2B software for $10+K/month in revenue.
         | 
         | I have the technical skills and, even though I'm rather far
         | removed from the business unit of my company, I have some
         | decent ideas (I think...).
         | 
         | How do I figure out if HR/recruiting would want/need my
         | idea(s)?
         | 
         | [1] _I spend my free time archiving Laserdiscs and writing
         | software for improved NTSC post-processing._
        
           | makestuff wrote:
           | Yeah I have no desire to build the next stripe, but if I
           | could have a nice one person SAAS company that replaced my
           | salary that would be the dream. However, it seems like the
           | issue is if you do not keep scaling someone else will come
           | along and do it at a larger scale to beat you on price
           | forcing you out of business.
        
           | dr-neptune wrote:
           | One way could be to time cap something and put it out there.
           | Many may fail, but perhaps one will take off. Here is a blog
           | where a dev makes many small startups and sees how they do:
           | https://tinyprojects.dev/
        
           | jeffclark wrote:
           | > How do I figure out if HR/recruiting would want/need my
           | idea(s)?
           | 
           | My best advice is to try to make the sale, even before you
           | have something ready. You'll learn what parts of your pitch
           | are connecting with them, and which are confusing to them.
           | 
           | But more importantly, you're going to understand if you get
           | the problem as well as you think you do. And you're going to
           | understand if they like your solution to that problem as much
           | as you hope they do.
           | 
           | So, email a few of these potential customers. See if they'll
           | take a call with you. If none do, you're not there yet. But
           | if even one does, you're about to get a ton of information in
           | 30 minutes. Good luck!
        
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       (page generated 2022-10-13 23:01 UTC)