Entrepreneurship is just problem solving:
1. Find a problem you have that you'd pay money to be free of
2. Figure out a solution to this problem that you can deliver for a reasonable price
3. Determine where people that have that problem hang out and tell them about it
Entrepreneurship is just problem solving: 1. Find a problem you have that you'd pay money to be free of 2. Figure out a solution to this problem that you can deliver for a reasonable price 3. Determine where people that have that problem hang out and tell them about it
This is a process called product discovery—when you figure out what problem you should go after.
Gayle McDowell • Cracking the PM Career: The Skills, Frameworks, and Practices To Become a Great Product Manager (Cracking the Interview & Career)
your profitability is based on finding a problem that’s worth paying to resolve and solving it in a way that makes your users desperately want your solution.
Rob Walling • The SaaS Playbook: Build a Multimillion-Dollar Startup Without Venture Capital
Everything we touch and use to go through our lives is a solution to some problem. We're focused on seeing solutions and often neglect to visualize the underlying problems. So when we have a business idea, the solutions we envision are usually much clearer to us than the problems they are supposed to solve — or if there are enough people who feel t
... See moreArvid Kahl • The Embedded Entrepreneur: How to Build an Audience-Driven Business
it's all about solving problems, not implementing features.
Marty Cagan • INSPIRED: How to Create Tech Products Customers Love (Silicon Valley Product Group)
A problem worth solving boils down to three questions: Is it something customers want? (must-have) Will they pay for it? If not, who will? (viable) Can it be solved? (feasible)
Ash Maurya • Running Lean: Iterate from Plan A to a Plan That Works (Lean (O'Reilly))
When The Entrepreneur creates the model, he surveys the world and asks: “Where is the opportunity?” Having identified it, he then goes back to the drawing board and constructs a solution to the frustrations he finds among a certain group of customers. A solution in the form of a business that looks and acts in a very specific way, the way the custo
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