Why great startups start with real problems, broken incentives, and operational excellence—not just polished ideas.
Note: The following contributions are personal impulses from Max Eckel. They represent individual reflections and are intended to stimulate discussion and further thought.
When someone says to me, “Hey, can I tell you about my startup idea?” I often interrupt them. Not in a rude way. But many WHU members will know that I’ll say something like: “Wait. Before you tell me the idea… what’s the problem?” At this point, some people get slightly irritated. They’ve polished the solution. The features. The logo in their head.
But here’s the thing: There is almost no problem left that nobody is already trying to solve. If it’s a real problem, there are already:
- three startups
- two corporates
- one legacy dinosaur
- and a messy Excel sheet workaround
So I’m usually not that interested in the “idea.” I’m interested in:
- What’s broken about the current solutions?
- Where are incentives misaligned?
- What are others getting wrong?
I’ve been reading through the interviews in our latest WHU Founder Report. None of these companies started with a lightning-bolt moment.
Arbio didn’t start with “AI for vacation rentals.” They started by running apartments themselves. Cleaning. Check-ins. Pricing. Living the operational mess before building software.
Emma wasn’t a genius product idea. It was mattresses. In a boring category. The edge came from brutal discipline around unit economics, marketing efficiency, and cost control when funding was scarce.
And Flink? “Groceries in 10 minutes” wasn’t a new human insight. People always wanted convenience. The difference was operational intensity. Warehousing, routing, density, unit economics. Execution quality over idea novelty.
None of these are fairy-tale ideas. They’re cases of understanding the system better than others... and then executing relentlessly. The real edge is rarely prettier UX. It’s:
- better operations
- smarter cost structures
- cleaner execution
- and understanding who is incentivized to do what
I especially love the last one: So many markets suffer from bad incentive design.
- The procurement team optimizes for something different than the end user.
- Your software could save a company thousands, but won't get the decision maker promoted
- The retailer optimizes margin, not brand longevity.
If you truly understand that tension, you often don’t need a genius idea. You need a structurally better setup. That’s why I keep asking people to slow down. Don’t sell me the solution yet.
- Tell me what frustrates you.
- Tell me what people are hacking around every day.
- Tell me where money is lost because the system is misaligned.
That’s usually where the real venture case hides. If you’re curious how founders actually describe their messy beginnings (not the polished pitch-deck version) I’d recommend taking a look at the WHU Founder Report. The interviews are refreshingly honest. And much more interesting than most “brilliant ideas.”
