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ProblemHunt: Finding Startup Ideas Based on Real Market Needs

By

Boris Gostroverhov

7mo ago· 2 min readenProduct

Summary

ProblemHunt is a platform that helps entrepreneurs find startup ideas by focusing on real problems people are willing to pay to solve, rather than just brainstorming ideas. The founder, Boris, created it after failing with 3-4 startups that lacked market need. Inspired by Paul Graham's essays, he realized the key is identifying genuine problems first. The platform manually finds people with unresolved problems and connects them with entrepreneurs, addressing the statistic that 42% of startups fail due to lack of market need.

Key quotes

· 4 pulled
I failed 3-4 startups in a row. The main reason was that I was building products that people didn't need.
The entire focus should not be on «startup ideas», but on the problems that can become the foundation for a startup.
42% of startups built solutions that didn't solve real problems.
We manually find people with unresolved problems they are willing to pay to solve.
Snippet from the RSS feed
Problem: the main reason startups fail is a lack of market need. 42% of startups built solutions that didn't solve real problems. Solution: we manually find people with unresolved problems they are willing to pay to solve.

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