I've tried to start a startup, 2 times. I failed both times.

And now I have 0 money left, the family that cannot help me, I don't have a job and can't find one and thankfully I have some friends that are giving me a place to sleep.

Should I start another startup? I wish. Will I do it? I don't know how.

I wish I had a magic idea and some people to invest in it, but not living in the Valley and not having a clue on how to find great ideas I'm kinda stuck.

I'm already looking for a job, the problem is that I have the fear that the more I wait for the next startup and the more it'll be harder to build a product from scratch because the expectation from all markets will be higher.

Ideas?

I'd get a job and go the more conservative "sidehustle" bootstrapping route of making a site or YouTube channel and then selling something for money. Stay focused on your job and don't quit until a sidehustle has momentum.

If you have no idea what to sell then just teach everything you know (about one topic), try to make something useful for people and make it in public (e.g sharing your progress on your blog or YT channel). Worst case scenario, you'll have a job, be saving money and build a small audience / reservoir of credibility.

Also maybe start hanging out on Indie Hackers instead of here.

Edit: as the sibling commenter said, get your life in order. That's number one. Until you find a job and can cover your rent, don't even spend time on news aggregators. I wouldn't worry too much about timing to be a founder. Everyone feels like they're too late and they've missed all the opportunities but there's always a next big thing. Keep your spirits up!

I'm just a random guy on the internet, but I would suggest you to fix your life first and then remember the hard lessons you (should) have learned on your two failures if you decide to do it again..