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Smart people, bad ideas

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paragΒ·2 days ago

Question / Claim

Why do highly intelligent people often start with weak startup ideas?

Key Assumptions

  • Choosing the right problem is a separate skill from solving problems(high confidence)
  • Intelligence makes it easier to rationalize weak ideas(medium confidence)
  • Markets reward solving mundane but painful problems(high confidence)

Evidence & Observations

  • Repeated startup patterns like Artix show founders abandoning first ideas after market rejection(citation)
  • Examples such as Viaweb, Google, and Microsoft succeeding after early missteps(citation)
  • Concrete practices that train problem selection include pain-first observation, ranking problems by frequency/severity/willingness to pay, deliberate idea killing via disconfirmation, regular customer interviews focused on workflow not solutions, and testing demand with small commitment-based probes.(personal)

Open Uncertainties

  • How early can people realistically learn to skip the 'first bad idea' phase?
  • What concrete practices best train problem selection skills?
  • Which of these practices most effectively accelerates problem-selection skill for first-time founders?

Current Position

Smart people get stuck with bad ideas because they overcommit to their first idea, confuse effort with validity, avoid messy markets, and lack early training in choosing valuable problems.

This is work-in-progress thinking, not a final conclusion.

References(5)

  1. 1.^
    "Paul Graham – Ideas for Startups"β†—paulgraham.comβ€” Essay arguing that good startup ideas come from noticing problems people have, not from brainstorming clever concepts.
  2. 2.^
    "Paul Graham – Do Things that Don't Scale"β†—paulgraham.comβ€” Explains why early startups win by doing mundane, unglamorous work that directly serves users.
  3. 3.^
    "HBR – Why Smart People Don’t Always Make the Best Leaders"β†—hbr.orgβ€” Discusses how intelligence can lead to overconfidence and rationalization, relevant to idea selection errors.
  4. 4.^
    "NBER – Age and High-Growth Entrepreneurship"β†—nber.orgβ€” Empirical research on founder age and startup success, relevant to assumptions about young founders and idea quality.
  5. 5.^
    "Y Combinator – Make Something People Want"β†—ycombinator.comβ€” Foundational YC principle reinforcing market demand over idea cleverness.
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