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Painful problems to solve

Idea threads

Practic

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Nov 29, 2022
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To start a sustainable business an entrepreneur should find a painful problem, develop the best solution to the problem and offer this solution in a form of a product/service.

Below are listed some problems to think about.

Problem 1

Rich and busy people have money but do not have enough free time, so they want to trade money for time.

Problem 2

Poor and unemployed people have time, but do not have enough money, so they want to trade time for money.

A possible solution to two problems above would be to develop a website where people (having problem 1) would be able to post tasks (offers) they want to be accomplished or work done with a price to be paid. People (having problem 2) would be able to bid for the offers posted.

Problem 3

Some people have problems with remembering passwords so they use simple to remember passwords like 1234567 or qwerty, etc. This creates a security threat to systems where such passwords are used.

The current solutions in the form of passwords managers are not convenient and are not secure. They store passwords in encrypted files (called vaults). Such files can be stolen, broken, hacked, damaged, confiscated, etc.

There are many better solutions (some of them are free) which can be used.

Problem 4

FDA issues warning as women abort healthy babies due to false positives on prenatal genetic screening tests

FDA issues warning as women abort healthy babies due to false positives on prenatal genetic screening tests

There are many solutions available, but majority of people are not aware about these solutions.

Problem 5

Many rational investors lose money in popular and trendy investments due to emotional, irrational decisions. The most recent examples are investors loses in crypto investments. How rational investors can protect themselves from irrational decisions?
 
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