I have been watching lots of Y combinator tutorials. There are a couple that discuss how important the starting ideas are. But I got some conflicting information.
One of them is by Jared Friedman (https://youtu.be/Th8JoIan4dg?si=dICXL5OIGPSTtYni). He claims that starting idea is not as important. You will gradually pivot to an amazing idea if you choose the right idea space. It is similar to what I have been hearing that great execution and team are everything
The other one of them is given by Sam Altman (https://youtu.be/egJeFaIXZLo?si=BUWflkxXt6a3NqZh). He claims that idea is extremely important. He has not seen pivoting to success.
I am confused. What do yall think. I mean I do hear stories where pivoting leads to success. Sam is very talented entrepreneur. Maybe I misunderstood him?
Appreciate any opinions!
An interesting one. In my opinion, the key here is a point from Michael Siebel in which he stated that one shouldn’t fall in love with the solution, one should fall in love with the problem.
So if you’re solving a problem that many people really experience and care enough about to pay you for the solution, you’re on the right track. The solution (or an idea) can change and morph as you build your MVP and start talking to your first customers, but you’ll still be solving the same important problem.
So the idea, in a sense that it is a solution to a specific problem, might not matter as much as the problem itself. You could have different solutions and different approaches to tackle the same problem. Basically, that is why competition exists and some companies do better than others.