Lack of domain knowledge or network to acquire it

A lot of entrepreneur nowadays started relatively young, often has little work experience. They were not exposed to actual industry practice enough to have meaningful insights into the particular industry and offer disruptive ideas.

For example, someone with an idea to disrupt medical industry might have never work in any part of medical industry or even know anyone within in.

This is made worse by the fact that they had no network or know anyone around them that can connect to them that domain. Some are lucky enough to have well-connected families (business network) that can open the initial door or help with the initial discovery process, but for many, it is a challenge to even get started. 

What happen then is that tech-startups that are started by youngster tends to focus too much on consumer internet, or worse, they started a project that is a complete mismatch with what the industry needs.

My Suggestion

1. Work to get other startups and GLC to build a solid and meaningful internship or apprenticeship program.
2. Build a process or a network where founder can tap into industry's experts or experience for feedback on their idea. This helps people build the network they might need later.
3. Host events where people from various industry talk about their industry challenges. (financial, insurance, medical, etc...). This should open up our founders mind to new things (not just what they read online)