I'm considering different startup ideas, some would being existing markets, some would require creation of a new market. Going after an existing market has the advantage that the market definitely exists, the problem is real but there are competitors. On the other hand, when attempting to create a new market you have first-mover advantage, however the existence and size of the market is unknown. What do you recommend?
If you want to consult, my rate is $400 an hour.
List down your ideas, it depends on specifics.
Read The Four Steps to the Epiphany - breaks down the two options quite well Personally, I'd go after an existing market but that's me :)
If you have connections, money, and AMAZING cofounders, you can go for creating. Otherwise stick with existing
No shit Sherlock. Would you like us to start the company for you as well?