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by tylerwince 2165 days ago
I totally agree with your first point, and you lost me on the last sentence. Competition is a great data point, but just because you don't have any competition doesn't mean you aren't solving a real problem.
2 comments

To me it would be extremely rare that the identification of a problem is unique. A particular solution? Sure.

On the other hand, lots of people are solving problems which are not real.

I agree that finding a unique problem is possible, but it is more probable that you are missing something.

Sure. I also wonder if Perrel is hitting on the idea of avoiding competition by Thiel.

https://mastersofscale.com/peter-thiel-escape-the-competitio...

If there is a demand for something, somebody somewhere has most likely already cobbled together a solution to meet their own need, and then turned around and resold that solution to other people.

It's extremely rare to find a widely spread problem with zero pre-existing solutions or competitors in that field.

Escaping your competition by blowing past them is a fundamentally different concept than finding problems to solve that don't already have solutions and existing competition though...
This is more intensely competing so that you never compete again.