Starting a Business for the Wrong Reasons

• 🤔 Starting a business comes first, and solving a problem comes second, with many people starting businesses without considering what value they are providing to their market.
• 📊 A suspicious number of former Forbes 30 under 30 awardees have ended up in prison for fraud, highlighting the problem of young people being encouraged to start businesses without life experience.
• 💡 Gary Tan, CEO of Y Combinator, advises working in an industry, getting paid to learn, finding a problem, and then solving it, which goes against his company's business model, but is still good advice.