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Want to start a startup?
Get funded by Y Combinator. October This essay is derived from a talk at the Startup School. How do you get good ideas for startups? That's probably the number one question people ask me. I'd like to reply with another question: That might seem a stupid thing to ask. Why do they think it's hard? If people can't do it, then it is hard, at least for them.
What people usually say is not that they can't think of ideas, but that they don't have any. That's not quite the same thing. It could be the reason they don't have any is that they haven't tried to generate them. I think this is often the case. I think people believe that coming up with ideas for startups is very hard-- that it must be very hard-- and so they don't try do to it.
They assume ideas are like miracles: I also have a theory about why people think this. They think creating a startup is just a matter of implementing some fabulous initial idea. And since a successful startup is worth millions of dollars, a good idea is therefore a million dollar idea.
If coming up with an idea for a startup equals coming up with a million dollar idea, then of course it's going to seem hard.
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Too hard to bother trying. Our instincts tell us something so valuable would not be just lying around for anyone to discover. Actually, startup ideas are not million dollar ideas, and here's an experiment you can try to prove it: Nothing evolves faster than markets.
The fact that there's no market for startup ideas suggests there's no demand. Which means, in the narrow sense of the word, that startup ideas are worthless.
Questions The fact is, most startups end up nothing like the initial idea.Hire a highly qualified essay writer to cater for all your content needs. Whether you struggle to write an essay, coursework, research paper, annotated bibliography or dissertation, we’ll connect you with a screened academic writer for effective writing assistance.
Joan Robinson: Joan Robinson, née Maurice British economist and academic who contributed to the development and furtherance of Keynesian economic theory.
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Therefore, in this essay we would foremost travel through a brief description of perfect competition and monopoly and how the resources are organised in these two different market constructions to accomplish the end of net income maximization.