"Tar pit ideas" are startup concepts that attract many founders but often lead to failure. These ideas tend to be consumer-focused due to founders addressing problems they and their acquaintances encounter. A key issue is the high standard required for success in consumer products, demanding exceptional quality and highly engaged users. Timing plays a critical role, as demonstrated by the relative ease of launching consumer companies during the Web 2.0 and mobile revolutions when competition for attention was lower. A true tar pit idea is a consumer-oriented concept that many founders pursue, feels appealing, and is challenging to abandon, even when encountering difficulties. Founders should consider supply and demand, avoiding over-saturated ideas and instead seeking opportunities with less competition and high market demand, particularly those addressing specific challenges in major industries.
https://youtu.be/GMIawSAygO4?si=WviOzOE4Hnl5BMY9
https://youtu.be/GMIawSAygO4?si=WviOzOE4Hnl5BMY9