Forming an LLC from scratch is probably the most formidable task that young entrepreneurs have to face. However, they can simplify the process by using the best LLC services. On paper, you don't need a revolutionary idea to build and start a unicorn tech startup company.
There are two methods of getting an idea:
#1: Solving an old problem with a unique solution
#2: Deciphering new issues with a tried-and-tested technique
Let’s dive deeper:
Old Problem - New Solution
A prime example of this would be the rise of Tesla automobiles. Depleting fossil fuel levels have always worried our scientists, but few brave-hearts at Tesla motors decided to ditch regular fuel-powered engines and go for all-electric cars. And the resulting spike in the company's growth clearly states the success of this decision.
With the help of technology, we have the power to find a solution to any prevailing problem. So if you haven't got any ideas for your startup, you know where to look for them.
New Problem - Old Solution
Ever heard of the quote “new problems require new solutions”? Well, that's not exactly right. Sometimes, you have to go the old way. The most relevant case study of this would be meditation centers.
Meditation centers allow candidates to have an online meditation session to fight several health ailments such as anxiety and depression. According to reports, these centers have experienced a 127% rise after the recent coronavirus pandemic.
Meditation is something that has been around in our society for thousands of years but creating a dedicated center for this is a perfect example of an old solution to a new problem. The same happens, for example, with physical exercises, contact with nature, having a pet - or even an emotional assistance animal in some cases – and many other things that are old solutions for new problems.