"Choose an industry, pick a pain point"
This is solid advice, but for me it is very hard. I always found finding pain-points in an industry as an outsider (not working in the industry day-to-day) very hard. (Living in a relatively small and culturally isolated Eastern European country does not help either.)
By the way the only industry I know well (from the inside, as software engineer) is "big software product development". Nowadays I invest a lot in public markets, so I learned a lot about other industries from an investment perspective, but it is not enough to find pain-points.
By the way the only industry I know well (from the inside, as software engineer) is "big software product development". Nowadays I invest a lot in public markets, so I learned a lot about other industries from an investment perspective, but it is not enough to find pain-points.