Three options for starting a business:
1) Solve a problem better than others (execution risk)
2) Solve a problem no one knew existed (product-market risk)
3) Solve a problem everyone knows about but is hard to solve (technical risk)
Surest money
i am starting a t-shirt business with some unique and gen-z design who can invest in valuation 0 because it is not started I need fund I ask ₹2000 for 1% of equity
We think that if we solve the problems of the market, we will make money. But brother, we cannot make money ।
why ?
The problem is that।। my biggest problem is survival (रोटी, कपड़ा or मकान).
If I am not able to solve my own problems then how will
How much money you think you need to save as reserve fund before starting a startup to survive pre revenue days?
Or you think starting as a side hustle with job will work? ( Not suitable for me)
Reserve money = food + rent (survival)
You don’t need a perfect idea to start, you just need to solve a real problem.
What matter most is execution. So instead of waiting for the “perfect” idea, ask yourself
What real problem have you noticed this week?
For any business, the most important and the most difficult part is getting the first fee customers. As a Web Development agency which is just starting, in an already competitive market, how can I get my first customers easily?
progress happens with problem solving, human's ability for problem solving is limited by its biology. AI will solve the problem of biological limit for humans if we solve the alignment problem.