#business # [[Epistemic status]] #shower-thought #to-digest # Related - [[Cofounder interview]] - [[Ideation]] # TODO > [!TODO] TODO > process to: > - ppl get to know each other [[Mapping maps]] / [[Human discovery]] > - align on start-up ideas/interests > - exploring, testing ideas > >[[Peter Phiel - Zero to One|Peter Phiel]]'s' secret # Start-up ideation What are the initial conditions you noticed that are correct to scale very quickly? ## Problem need to have some traits - Popular - Growing - Urgent - Expensive - Mandatory - Why do you want to solve this problem? ## Nice characteristics of problems - Frequently faced - Growing problem - Now - Big market - Law changed - Multiple time a day - [[Founder-market-fit]] -> ## Start from a problem, not from a technology Example: GPT3 is fun but do you solve a fundamental problem? Example: Stable diffusion is fun but do you solve a fundamental problem? ## Specific knowledge - What do you know that others don't - domain expertise[^1][^2] ## Unfair advantage - Founders (specific knowledge) - Market - Product (10x better, faster than competition) - Acquisition (how do you grow, cost of it...) - Monopoly (network effect, marketplaces, Data advantage see [[Software 3.0 company]] ### YC example ![[Screenshot 2022-11-04 at 12.14.39.png]] ## Ultimately >**Make something people want**... There’s nothing more valuable than an unmet need that is just becoming fixable. If you find something broken that you can fix for a lot of people, you’ve found a gold mine. >~ [[Paul Graham - Hackers & Painters - Big Ideas From the Computer Age|Paul Graham]] %% ## 051112 https://github.com/langa-me/langame-worker/blob/main/scripts/reddit_bot.py reddit bot that publish CS every day - use likes to fine tune model using RL? %% ## What is your company going to make? Please describe your product and what it does or will do. Format 1: Sentence one, what we do. Sentence two, example. Format 2: Sentence one, the problem we solve. Sentence two, how we solve it. Common mistakes: a Its not a user pitch, its an investor pitch Dont make them too long Dont try to make your co sound "impressive" (just be factual) Good ref is "make it 100% clear what you mean, and only 80% accurate" Trying to make it 100% accurate will force you to add too much context, ifs, buts, whens, in the case of... etc it does not have to be 2 sentences it can be or 3, but its often 2 # External links http://www.paulgraham.com/organic.html http://paulgraham.com/startupideas.html http://www.paulgraham.com/ideas.html https://www.ycombinator.com/library/6e-how-to-evaluate-startup-ideas https://www.ycombinator.com/library/7x-how-to-get-and-test-ideas [^1]: https://nav.al/specific-knowledge [^2]: https://www.youtube.com/watch?v=f4_14pZlJBs <iframe width="560" height="315" src="https://www.youtube.com/embed/Th8JoIan4dg" title="YouTube video player" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture" allowfullscreen></iframe>