How should your problem look like for a startup?

In a world where there tons of problems found daily, tons of ideas culminating in minds, only few of them sustain, and remaining, fail! So what exactly are some of the things that you should keep in mind about your problem, before you think of starting up! Not all are necessary, but multiple are recommended.

  1. Popularity: Many people should have that problem.
  2. Growth: Your problem should be growing.
  3. Urgency: The urge to solve that should be considerable.
  4. Expensive: People should be willing to pay.
  5. Mandatory: A solution should be mandatory.
  6. Frequent: Your problem should arise frequently!

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Kevin Hale - How to Evaluate Startup Ideas

Kevin Hale - How to Evaluate Startup Ideas

Y Combinator

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