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Ask HN: What is your process for coming up with business ideas?

19 pointsby _davebennettabout 5 years ago
Do you just sit down with a piece of paper and brainstorm ideas or is there another process that you use?

7 comments

nostrademonsabout 5 years ago
Hard lesson learned through experience: if you&#x27;re phrasing the question the way you have, you&#x27;ve already failed.<p>Viable ideas usually come out of a community that&#x27;s at the forefront of some change in the world, either technical or social. Embed yourself in such a community and then build what you and your friends need, and chances are the rest of the world will eventually come around to seeing they need it too. If you&#x27;re explicitly trying to brainstorm and evaluate ideas rationally, particularly if you&#x27;re doing it in isolation, you will a.) bias yourself toward ideas that sound good but aren&#x27;t what anyone wants b.) bias yourself toward ideas you might&#x27;ve heard of in the press but are already filled with competitors and c.) bias yourself toward ideas with big potential markets but that nobody actually <i>wants</i>.
sharemywinabout 5 years ago
There&#x27;s a bunch of free videos. I thought were very useful on this.<p><a href="https:&#x2F;&#x2F;microconf.com&#x2F;saas-crash-course&#x2F;" rel="nofollow">https:&#x2F;&#x2F;microconf.com&#x2F;saas-crash-course&#x2F;</a>
statquontrarianabout 5 years ago
1. Trying to solve important personal needs that might apply to a large number of other people.<p>2. Trying to solve obvious problems (e.g. death, disease, etc.).<p>Initial &quot;marketing&quot; (word-of-mouth) is key. Will there be a niche to start with?
makeeeabout 5 years ago
The only successful ideas I&#x27;ve had didn&#x27;t seem like particularly great business ideas and I only had a vague sense of what I was building before I started. All the &quot;great business ideas&quot; I&#x27;ve had failed miserably. Maybe just start building small projects and if there&#x27;s one you can&#x27;t stop thinking about, keep doing that one. Depending on your personality, passion&#x2F;curiosity may trump quality of the initial idea.
kyle_morris_about 5 years ago
Think of something that sucks. If you feel that way, others likely do as well. If you can find a way to fix it, some percentage of those like you will pay for it.<p>The levers to pull on are 1) how many people are impacted by the problem, 2) how expensive it is to solve the problem and 3) people&#x27;s propensity to pay for a solution.<p>Hailing a cab in SF on a major holiday sucks; enter Uber&#x2F;Lyft.<p>Staying in hotels with your family sucked, people wanted to stay in a home; enter AirBnB.<p>As a sales rep, tracking deals always sucked; enter Salesforce.<p>Going to the grocery store sucks(a lot of times); enter Instacart<p>There are no shortage of things that suck, just people willing&#x2F;able to solve a given problem.
salukiabout 5 years ago
Usually the best ideas will present themselves to you. Either during your job or consulting.<p>You&#x27;ll see a problem or a pattern that a new business could provide value to customers to solve.<p>Definitely check out the microconf videos, linked to in another reply.<p>The StartUpsForTheRestOfUs podcast is a great resource as well. Rob and Mike run MicroConf. Lots of great advice in their archives.
Huhtyabout 5 years ago
Ask yourself, would you use and pay for it?