My business criteria for new ventures is to ensure there is a large market and capable competitors, as this indicates a viable opportunity for success.

When evaluating a startup idea, it's important to identify a significant problem that many people face, as well as to ensure that the problem is growing, urgent, and expensive to solve.

When brainstorming new business ideas, I look for conceptual gaps in the market and consider how new technologies or incentives could fill those gaps.

When starting a business, you should come up with at least 10 ideas to avoid fixation on a single concept, and then evaluate them based on problem-solving potential, passion, and profitability.

If you can find a problem that captivates you and also presents a business opportunity, that's the ideal scenario for building a company.

Investors look for transformative ideas and significant market opportunities; simply having a neat business idea is not enough to attract venture capital.

I encourage entrepreneurs to be sensitive to the problems they observe and not overlook any issues, as they can lead to significant business opportunities.

A good problem to solve is one that is acute and significant enough that people care about it, like the need for corporate credit cards for startups, which was previously unmet.

Focusing on the right problems is crucial for startup success, and it's important to identify what truly matters for your business.