There are two ways to build a startup from scratch. One involves creating a product and taking it to market. The other consists of coming up with an idea and chasing investors to have it funded. The first approach gets you results. You spend your time building a product people want, putting it out there, iterating on the feedback, and maybe even making some profits. At the end of this effort, you’ll end up with something of value that has the potential to improve people’s lives and be the basis of a real business.