âď¸ From Nowhere: How to Spark Your First Online Business Idea
TLDR: problems = treasure Hey, hello, hi, I want to outline some steps that you can take to help spark an idea that will make you money. You donât need skills, experience, or even the âperfectâ idea to begin. What you need is time, curiosity, and a pinch of self-belief. âď¸ Some ventures will work, others wonâtâand thatâs a good thing. Every attempt teaches you new skills, grows your network, and brings you closer to the business that does succeed. Failure isnât wasted effortâitâs an advantage for another opportunity. Itâs better to try and fail than to fail to try. Step 1: Put Problems First The best businesses donât start with products. They start with pain. - Products that succeed solve real problems. - People part with money to save time, feel better, or make life easier. - Great marketing simply reminds people of the pain youâre removing. Ask yourself: - What problem frustrates me daily? - What process could be faster or easier? - What do people around me constantly complain about? Examples from my journey: At 17, I built WakeOrDonateâan alarm clock app that donated to charity when you hit snooze. Pain: struggling to get out of bed. Later, while surfing in Indonesia, I had nowhere safe to leave my wallet. That led to Submerge, my waterproof wallet business. People didnât buy the wallet; they purchased the ability to not stress about their valuables on the beach. Build a product or service that resolves pain. People will pay you for removing their pain/frustrations! Step 2: Search for Treasure No idea yet? No problem. Steal inspiration from the world around you. - Follow trends: Explore Reddit, Quora, X. Look for threads where people wish a product existed. - Read reviews: Negative reviews are gold. They tell you exactly whatâs broken in existing solutions. - Follow the crowd: Whatâs already popular? Can you make it faster, cheaper, better? Innovation isnât always about creating something new. Sometimes itâs about fixing what already frustrates people.