Updating @paulg's mantra for consumer startups: 'Make something "a lot" of people want'.
That would be a mistake. That would have ruled out Apple and Microsoft.
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a friend is trying to “start up” by solving his own problems. the opportunity seems dangerously small. plus, don’t a lot of business ideas start from someone thinking of a large impending market? i.e. bezos?
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"Scratch your own itch"
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That is true. Woz got turned down by the big companies.
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and IBM?
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Clarification requested- how do you factor market size current or future for that need, esp consumer markets.
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You don’t. That why it’s a bet. You either have a clue on what you should build or you don’t, and there’s a big luck factor there. Best you can do is to do what you love. If you do it well enough you might make something useful. If it matters enough then you’ll have a big company
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Funny you say that OP. That was what David Rusenko said in Getting To PMF:https://youtu.be/0LNQxT9LvM0
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@paulg Was that aphorism immediately obvious to you or did it take you some time to realize this is the most important objective?Thanks. Twitter will use this to make your timeline better. UndoUndo
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Do people really know what they want? Every vertical innovation was about something people didn’t want. Something they couldn’t even imagine.
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It's a mix of things. Depending on how narrow your view is, the picture looks different.
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