Having competition is often a good sign for a startup idea, as it indicates that there is a market, but you need a new insight to compete effectively against entrenched players.

New ideas often seem crazy at first, but if you execute well, people will eventually recognize their value.

If everyone is happy with your product, it might mean there's nothing left to improve, which is also a bad sign.

Founders often overlook ideas that seem hard to start, are in boring spaces, or have existing competitors, but these can actually be good opportunities because they are less pursued by others.

New insights are hard to come by because good ideas are rare, and bad ideas can nullify perfect execution, causing talented founders to struggle despite having great resources.

Persistence and conviction about your idea are crucial, as many ideas that initially seem bad can end up being huge successes.

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.

A good investor will listen to your pitch and envision the potential success of your startup, rather than just poking holes in your idea.

I'm not limiting myself to good ideas; many of my ideas are not good, but this is relevant to startups because often good ideas look bad initially.