Instagram founder Kevin Systrom: “The #1 piece of advice I always give is to solve a problem.”

Number one advice I always give is to solve a problem. So many people, when they found a company, found a company just to found a company, or they're like, I've got an idea. Ideas are not companies. Ideas are not products. Usually the warning signs are. That includes some element of a current fad, like AI or something. Not that AI is a fad, but, you know, it's a wave that's happening right now that I think it's easy to make your company sound more interesting if you're just like. And it uses AI or like crypto or. There are always warning signs that I see with the pitches that I hear from people when they include those words. And it's not backed up by a clear problem that you're solving for the person on the other side or the company on the other side. So I always say, make sure you're actually solving a problem. If I go talk to people, does this relieve people that this now exists? The number of times I've seen people ignore this advice, it's countless.