Entrepreneurship is just problem solving:
1. Find a problem you have that you'd pay money to be free of
2. Figure out a solution to this problem that you can deliver for a reasonable price
3. Determine where people that have that problem hang out and tell them about it
Entrepreneurship is just problem solving: 1. Find a problem you have that you'd pay money to be free of 2. Figure out a solution to this problem that you can deliver for a reasonable price 3. Determine where people that have that problem hang out and tell them about it
It’s easy enough to draw the Great Safety Net 2.0 on the back of a napkin. But once the overall concept becomes clear, the challenge isn’t to build the entire macro mechanism in just one round. Rather it is to invent solutions to an infinity of simple problems in fields as diverse as lifelong training, occupational licensing, housing, transportatio
... See moreNicolas Colin • Hedge: A Greater Safety Net for the Entrepreneurial Age
the vast majority of the teams I meet are not solving truly new problems. They are working on long‐standing problems with long‐proven markets. What's different about the startup or product is their approach to solving the problem (their solution), most often—and increasingly—because they are leveraging newly available technology to solve the proble
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