Hi, I'm an entrepreneur looking for a startup idea.
In my experience, the reason most startups fail is because they never actually solve anyone's problem. So I'm cheating and starting out by identifying a specific person with a specific problem.
So I'm asking you, what's the most annoying part of your life/job? Also, how much would you pay for a solution?
Good point, though there should be value on the other end at least. For example if 100 people on a network each need more than their laptop's computing power 1% of the time, in the ideal case, the average person would get a 100 times speed up for that 1% of the time without providing a credit card. So they could train an image classifier in 6 minutes instead of 10 hours.
Also I should admit that I'm only poor in the relative sense - I need rice, beans, and a few dozen square feet, and I have those things covered.
Hmm it probably is more lucrative to convert my time to money, though I think it's better to invest my time in increasing my future earnings, which would probably be way better than what I could make as a part-time-working college student.
Actually, my biggest gripe about my life right now is that college is inefficient in so many ways (500 person lectures, required classes that are mostly wastes of time, absurd tuition), yet I don't know how I could get the things I like about it (flexible schedule, great peers, some extremely good teachers, excuse to be a student) somewhere else.
These 100 strangers who need bursts of computation can pay $5 to spin up a powerful Amazon EC2 instance for a couple hours. That seems like a good deal for the value they're getting, and very hard to undercut. So I see no startup opportunity.
Re college...
If "flexible schedule, great peers, extremely good teachers, excuse to be a student" is really what you want, I can easily get you all that for only $10k/year, a fraction of what you're probably paying now. But the truth is, college's main value-add is the expectation of a better career.
These day... (read more)