Does a startup have to solve a relevant problem in order to succeed?

Is it required to solve a problem to have a successful startup?

The reality is NO.

Given I don’t ‘get’ some of the companies above it would be silly for me to explain why they are still successful then.

What we can surmise is:

  • We can never hope to understand everyone’s problems and everyone’s needs

But that as a general rule:

  • If enough people have the problem you see/experience and not ‘imagine’.

Then that’s a pretty good place to START building a business.

And there are MANY MANY more examples of these. That would be all the companies /programs/products you love to use.

So solving a problem that YOU CAN SEE…seems a pretty good place to start :slight_smile:

Originally sourced from Startups solving relevant problems