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He advises looking at your own life. What frustrates you? What is broken? What is a task you hate doing that others might hate, too?
Avoid seeking venture capital early on. Funding forces you to scale before you have achieved Product-Market Fit (PMF). Bootstrapping forces financial discipline, creativity, and a relentless focus on customer satisfaction. The Zero-Expense Rule Keep your business overhead as close to zero as possible: Work from home or free cafes. ankur warikoo complete guide to starting up free
Understand how to split ownership fairly and how to structure Employee Stock Option Plans to attract talent early on. He advises looking at your own life
without pitching your solution; just understand their habits. What is a task you hate doing that others might hate, too
Use these as your backend database to store user information.
The burden of decision-making sits entirely on your shoulders.
Don't build a custom app. Don't rent an office. Don't hire a CFO.