{"componentChunkName":"component---src-templates-blog-post-js","path":"/startup-idea-viability/","result":{"data":{"site":{"siteMetadata":{"title":"Rope and Tire","author":"Suprada Urval"}},"markdownRemark":{"id":"87cba6ac-cd85-586d-aa7a-6998aae6cba4","excerpt":"** When confronted with any startup idea, ask yourself one simple question: How many miracles have to happen for this to succeed?  If the answer is zero, you’re not looking at a startup, you’re just dealing with a regular business like a laundry or a…","html":"<blockquote>\n<p>**</p></p>\n<p>When confronted with any startup idea, ask yourself one simple question: How many miracles have to happen for this to succeed?</p>\n<p></strong> If the answer is zero, you’re not looking at a startup, you’re just dealing with a regular business like a laundry or a trucking business. All you need is capital and minimal execution, and assuming a two-way market, you’ll make some profit.</p>\n<p><strong>Most successful startups depend on one miracle only.</strong> For Airbnb, it was getting people to let strangers into their spare bedrooms and weekend cottages. This was a user-behavior miracle. For Google, it was creating an exponentially better search service than anything that had existed to date. This was a technical miracle. For Uber or Instacart, it was getting people to book and pay for real-world services via websites or phones. This was a consumer-workflow miracle. For Slack, it was getting people to work like they formerly chatted with their girlfriends. This is a business-workflow miracle.</p>\n<p>– <strong>Antonio Garcia Martinez</strong> in <a href=\"https://amzn.to/2ifdRmy\" target=\"_blank\" rel=\"noopener noreferrer\">Chaos Monkeys: Obscene Fortune and Random Failure in Silicon Valley</a> </blockquote></p>\n<p>How do I know if the idea I have is a business idea, or a startup idea? Is it a viable startup idea? Who would have thought that “miracles” are a good metric for this? Bizarre but totally apt in this realm of <a href=\"https://www.web-strategist.com/blog/2015/10/15/infographic-the-real-mythical-creatures-of-the-collaborative-economy/\" target=\"_blank\" rel=\"noopener noreferrer\">Unicorns, Centaurs, Pegasus and Dinosaurs</a>, fortune hunters and Silicon Valley pirates.</p>\n</blockquote>","frontmatter":{"title":"Startup idea viability","date":"January 11, 2017","url":"/startup-idea-viability/","tags":["quotes","Thoughts"]}}},"pageContext":{"slug":"/startup-idea-viability/","previous":{"fields":{"slug":"/2017-01-07-what-we-need/"},"frontmatter":{"title":"What we need","url":"/what-we-need/","tags":["quotes"]}},"next":{"fields":{"slug":"/2017-01-12-weird/"},"frontmatter":{"title":"Weird","url":"/weird/","tags":["quotes","Thoughts"]}}}},"staticQueryHashes":["3128451518","426816048"]}