10X Your Chances Of Startup Success - Deepstash
The Startup Collection

Learn more about entrepreneurship with this collection

How to secure funding

How to market and sell your product or service

How to scale and grow your business

The Startup Collection

Discover 95 similar ideas in

It takes just

14 mins to read

10X Your Chances Of Startup Success

To 10x your chances at startup success: Fix a problem that you yourself have.

  • Make a list of 15-20 problems in your life 
  • Rank them by the most painful 
  • Build a product that solves one of them

This is crucial because:

  • You’ll have a familiarity with the problem which will help you design a solution
  • You’ll have knowledge of existing solutions and what they lack
  • You’ll know about the space
  • Youll know about your target market and customers

Building a company for a problem you have is better than building a company for financial reasons.

185

953 reads

MORE IDEAS ON THIS

Building A Startup

When building a company, launch earlier rather than later. 

By launching early, you’ll get feedback from customers sooner and will be able to make adjustments to improve the product.

Refine and refine your solution to better solve the problem your customers face

148

932 reads

Recruit An Amazing Team

When looking for your first hires, you need to find people who are as passionate about solving that problem as you are

If you’re trying to build a startup in the software space but don’t have any coding experience, find a cofounder that does

Not every company has to be a venture-backe...

145

807 reads

JAMES BESHARA

Build a company around a problem that you yourself have.

JAMES BESHARA

155

1.44K reads

When To Delegate Work

At a certain point, your company will be too big for you to do everything. That’s where delegation comes in.

If you’re too much of a control freak, you won’t let others blossom and you’ll limit the growth of your company.

When you delegate, you won’t get 100% of the results you wa...

153

779 reads

Find A Better Playground For Your Creativity

Why did James move from San Francisco to Los Angeles?

  • James felt there were more creative individuals in LA than SF
  • SF was an engineering-focused space that was very financially driven
  • The relationships in SF tend to be more transactional than anything else

139

798 reads

CURATED FROM

IDEAS CURATED BY

denisefox

Event organiser

Founder quotes and tricks for building a great product.

Related collections

Other curated ideas on this topic:

Why the smallest viable market?

Think about it like this. 

You don't run ads to sell floaties to a drowning man. You be there to give it. 

However, to sell floaties to someone who isn't planning on swimming, you could put a million dollars into ads. They still won't buy your floaties. 

If someone has a real ...

How should your problem look like for a startup?

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!

Types of people

Types of people

Category 1: Losers

People who always see negative in everything and put in the least amount of effort or no effort at all. They are least bothered about what is happening around them. They will only crib and complain about how the world is. They will say someth...

Read & Learn

20x Faster

without
deepstash

with
deepstash

with

deepstash

Personalized microlearning

100+ Learning Journeys

Access to 200,000+ ideas

Access to the mobile app

Unlimited idea saving

Unlimited history

Unlimited listening to ideas

Downloading & offline access

Supercharge your mind with one idea per day

Enter your email and spend 1 minute every day to learn something new.

Email

I agree to receive email updates