The next big startup will not be a social network like Facebook or e-commerce like Amazon
It will be something no one has built before. BUT 90% of startup fails and the major reason behind it is Making
something nobody needs.
Therefore, look for the problem a large number of people are suffering from and if you can solve it, well then, you have
made your way to a million-dollar startup
FACE RECOGNITION LOGIN SYSTEM
Problem
Due to COVID-19, a lot of people are hesitating to use biometrics login system while entering their office
premises, since they have a lot of germs over it.
Solution
make face recognition login system while people enter their offices. All major mobile company have this
feature in their devices, so entrepreneurs do not have to do a lot of R&D in this area.
DRAG AND DROP FOR APPS
Problem
A lot of developers find it difficult to make an app during the early age of their
startup journey as they may not be from a technical background and they certainly
can hire the coders as they lack money
Solution
If there were an app or website were people with little or no knowledge about coding
can make an app
UBER FOR WOMEN
Problem
we often hear in news about the increasing cases of sexual harassment and many cases
were reported against taxi drivers. This discourages many women from taking cabs
alone especially at night.
Solution
there should be a cab service just for women and cars driven by women to tackle this
problem. This will not only solve the above-mentioned problem but also create jobs
for women.
This method will keep both the driver and the passenger safe.
ALL SOCIAL MEDIA MESSAGES IN ONE INBOX
Problem
A lot of us check our phone first thing in the morning and the notification are
filled with a lot of messages and chats from different social networks(Facebook,
Instagram, Twitter, Linkedin, Snapchat, the list is endless) and we often ignore many
of them, thus also miss the important ones as well.
Solution
There should be an app where we can connect all our social network and then it can
show all our messages in one single app.
Also if it can arrange them in order of priority.
Takeaway
Entrepreneurs always seek to invent something new, create something new and add
value to something. As Peter Theil said that the next big startup will not be
something that already exists today. Mark Zuckerberg is not going to create Facebook
again.
All the above problem are real-time problems, they were posted recently on our
website.
A major factor that determines the success of the start is the timing
According to bill gross, founder of Ideaslabs said in his ted talk that the time at
which a startup is launched decides if the startup will survive or not.
Well having said all this, the first thing that matter is to execute.
So are you solving an important problem?
Gary Vaynerchuk
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