Startups Anonymous Est. 2013 · Read-only archive
Questions

Choosing a startup vertical: what factors should I consider when deciding which niche would be best to explore for startup ideas?

I’d like to explore the idea of starting a startup – I have no ideas now, just a handful of niches I’d like to learn more about, and not much spare time. If I want to optimize my chances of startup success (users, $$, etc.), which factors should I consider most important when choosing which niche would be best to explore?

So far, I’m hearing:

– Verticals I’m passionate about

– Verticals that are rapidly growing

– Verticals that require Subject Matter Expertise I possess.

– Verticals that are not attractive/sexy (ex. dating apps) and therefore are overlooked

Are there any other factors to consider?

2 answers from the community

AAnonymous· Nov 29, 2017

In recent article jackma said entreprenuer are always optimistic fro their future.

and one thing you should implement is time tracking software https://www.livetecs.com/

AAnonymous· Nov 29, 2017

In my opinion its a bad idea to just decide to start a business if you are not solving a real pain.

Usually these ideas come to me out of a sudden , things that annoy me in me in everyday life.