| Fantastic post. Lots of weight on the problem discovery area which is the right move and engineers turned entrepreneurs skip this step a lot. I know I did. A book recommended by YC's Aaron Epstein is The Mom Test[0]. The first 50-60% of the book is dedicated to how to discover problems with end clients/users that are worth tackling. I have used the techniques personally and it's great to see what users say is a huge problem vs a problem they're willing to pay for. It is easy to get stuck in a self-fulfilling trap that a user complains is a big problem. I recently spoke with a customer: - "What's your biggest problem?" (book says this question is a no no) - He replies, "If I sell 3 cars at the same time, I'm out of available float (cash) while I wait for those deals to close. This is a HUGE problem for me!" - "How do you solve this today?" I ask. - "I have other, larger car sales company who will lend me money at XX rates." Right there, it's a solved problem. The end user figured out their own way. Turns out other smaller dealers like him rely on large trade line companies. The only way I could complete is either on lower cost of financing or speed. At which point, for me, it's not a problem worth solving. The problem isn't so big for him where he's willing to throw cash at me for it. Talk to users. [0] https://www.amazon.com/Mom-Test-customers-business-everyone-... |
https://www.slideshare.net/mobile/xamde/summary-of-the-mom-t...