Do you want to be a millionaire?
You should try building one of the following seven companies, says Y-Combinator founder Paul Graham, if you want to become a millionaire.
Graham knows a thing or two about building companies. Y-Combinator is a startup school that helps young entrepreneurs get their companies rolling. He’s seeing thousands of applications to Y-Combinator annually, so he knows what people are trying to build.
The following ideas are “frighteningly ambitious,” and would take an extraordinary amount of work to make happen. However, Graham thinks it’s possible.
Here are the ideas:
1. A better search engine. Google was once an awesome search engine. It is now bloated up with all sorts of extra features. Graham says, “Google search results used to look like the output of a Unix utility. Now if I accidentally put the cursor in the wrong place, anything might happen.” He suggests building something closer to that old-school, super simple version of Google.
2. Make email better. Email is just a “todo” list says Graham. As it’s built right now, it’s a terrible todo list. We need a new protocol for email. “As a todo list protocol, the new protocol should give more power to the recipient than email does.”
3. Kill off universities. There has to be a better way to do education than what we’ve got right now.