Episode 9: Coming Up with a Startup Idea
Many aspiring entrepreneurs struggle to come with compelling startup ideas. I detail the four sources of startup ideas:
- Observed pain points
- Geographic arbitrage
- Business model or approach arbitrage
- Verticalization
I discuss how to quickly determine whether the idea is worth pursuing further. I also share tips and tricks on ideation and early validation.
Arne Halleraker, who co-heads investing at FJ Labs, joins to share the startup ideas he came up with for our most recent FJ Labs ideation session this past August.
For your reference I am including the slides Jeff used during the episode.
If you prefer, you can listen to the episode in the embedded podcast player.
In addition to the above Youtube video and embedded podcast player, you can also listen to the podcast on: