One of the keys to successful businesses and fulfilling careers is solving interesting problems.
Solving problems creates value, and value creates wealth.
But there’s a catch: other people have to care about the problem you solve. And they have to care enough about it to pay for it.
One of the first problems I solved for people was based in the music world.
I knew people wanted to learn the drums. The problem was there wasn’t an easy-to-find drum teacher in the area.
There were scores of drummers who taught, and I was nowhere near the best one. But… no one knew how to find them.
So my solution was simple: I made business cards and left them on the counter at my local music store. And it worked: I got a lot of inquiries and a number of students.
Another problem I wanted to solve (which I, at least, thought was interesting), was the massive littering issue at the park near my home.
I had the idea to buy lots of cheap garbage cans and place them all over the park. In doing so, I thought I’d make “the garbage can is too far away” excuse moot.
But I soon realized the idea wouldn’t work for one simple reason: no one else at the park cared about littering. It was the furthest thing from their minds.
Sure, I might have been able to persuade a few people through extensive marketing efforts (maybe), but it would truly have been a lost cause.
Finding a problem to solve is the first step. Next you have to figure out if other people care about it.
