I’m new to this sub and I’ve done some poking around. It seems that the unanimous advice in this sub for people looking to become an entrepreneur is ‘find a problem and sell the solution’.
I’m from a poor family and I’m just a simple working folk. I’ve been trying to think of a way to break free from that life most of my adult years but have never found a way to make it happen.
So my question is. Since I’ve been trying to find a problem to solve for most of my life and failing to do so. How can I make a shift to really find that problem I can solve? It seems most people in here have businesses. What problem did you solve and how did you figure out that problem to begin with?
Scratching your itch does indeed work.
I encountered a problem with a crypto trading bot that required spinning up a VPS, installing Java, activating the licence using Discord, and what not. Being a computer engineer, it took me more than 30 minutes. Checking their Discord, I found that many people were complaining about the installation and maintenance.
So, I built a service that automated the entire process. At its peak, it was generating around $5k-$6k in revenue with an 80% profit margin. I partnered with the company, and they later acquired my service, now offering it as part of their core services.