Overcoming startup problems, people often look for the “best” business idea, and frankly, there is no such thing, and the first step is to clarify the best business idea for you, so try not to jump into a hype business unless thinking that Becoming a serial entrepreneur, constantly chasing after the next opportunity is exciting for you (for some; this was not intended to make a judgment) owning a business is likely to be more than working as an employee, so think about ideas you’d like to put a lot of time and effort into. Hence, in this article, we will talk about overcoming the problems of startups
Overcoming the problems of startups
Encountered a problem
It would preferably affect many people. The best problems here are those that people encounter globally, but they don’t necessarily realize they are problems.
Think about the phone: before them, slow connection was not considered a problem; After them, we cannot live without them.
If you really search for problems, and rethink how you view the world, you’ll start seeing them everywhere, you’ll see endless ways in which our lives and our interactions are getting impeded.
Break this problem
Now make this problem your only focus.
Divide it into its component parts, then divide it further and then divide it so that you cannot move forward, you will start to see the root causes of the problem and solutions will start to appear.
Elon Musk was famous for this step, he looks at things so meticulously and rationally that after this examination, there is only a solution, this is a quote by him I like very much:
“ As a little kid, I was really afraid of the dark, but then I realized that darkness only means the absence of photons in the visible wavelength – 400 to 700 nanometers, and then I thought, well, it’s really silly to be afraid of a lack of photons and then I’m no longer afraid From darkness after that. “
There are likely a number of ways the problem can be solved here so test them all.
Use small iterations on business models and projections to identify which elements of the problem have the greatest impact on them.
As you work through these, you’ll start crafting models that work more effectively than others.
You’ll realize that some solutions go well and some go terribly wrong.
Go with what suits the market best
This won’t necessarily be everyone’s consensus here, but in my opinion, and from the point of view of many new mentors that I come across, the next step is to take these solutions and apply them all to the market.
The person you choose, after this stage, is not necessarily the one who achieves the best results; It is the most suitable option for the market.
How to solve some common problems
Ignore the trends.
The biggest mistake 99% of novice entrepreneurs make is chasing the shiny stuff. At the time of writing, everyone wants to talk about Bitcoin or Blockchain, but successful startups rarely come from big trends or new technologies; Instead, it comes from people trying to solve real problems.
Start with your problem.
Most of people talk about the product’s fit to market, but what is often overlooked is that the founder is fit to market. There are millions of situations to improve and problems to solve but the truth is that you will be more suited to help solve certain problems than others.
The best way to figure out which problems are best suited to solve is to look at your regular day and see which parts are causing you the most stress and difficulty.
If you fundamentally understand the problem causing you pain, you can bet that others also have the same problem and will benefit from the solution.
For example, Ross Perry started Design Pickle (a design company that produces unlimited graphic designs for a fixed monthly fee) because he was constantly unable to get high-quality graphic design executed in a reliable way.
Offer a unique solution.
Once you are faced with a problem that you understand it is time to come up with a unique solution or product. Two ways to do this
Either you find a unique supplier for the product or provide a unique way to present the product.
Given how connected the world is now, you’ll likely have to settle for the option
Build it at scale.
Finally, startups aim to influence many people and therefore must be designed from the start so that bringing in additional users or clients is not a big problem. This is why so many SaaS companies exist as the cost of recruiting someone new is minimal.