GraphedMinds
The Startup Ideas Podcast

The Startup Ideas Podcast

The best businesses are built at the intersection of emerging technology, community, and real human needs.

Back to Quotes
you want to find underserved opportunities
strategymarket_selection

What It Means

Success comes from targeting markets with demand but few competitors rather than obvious popular markets

Why It Matters

Avoids the red ocean competition that kills margins and makes growth difficult for new entrants

When It's True

When you have limited resources and need to establish market position quickly

When It's Risky

When underserved means there's actually no real demand, not just lack of competition

How to Apply

1

Research what everyone else is targeting and deliberately avoid those areas

2

Look for adjacent niches within popular categories

3

Use data to validate that underserved means opportunity, not lack of demand

Example Scenario

Instead of competing in oversaturated HVAC market, target smart home automation installation which has similar technical skills but fewer providers

Related Knowledge