Questions

Results for: Problem Solving

Your lead magnet should come directly from your offering. Your full offering should contain a lot of “wins” for your customers throughout the lifetime of your relationship with them. Your lead magnet should be 1 of those wins. This demonstrates that the full offering is worth it because your cust...

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There is inherent risk to running a business and building a team of folks to help you grow it. That said, hiring the right people is paramount to your success and reducing the risk of theft or abuse. Hire people for their integrity rather than their skill set. Almost anyone can be taught skills...

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As Dan Kennedy says, "Explorers tend to return full of arrows." In other words, good chance of failure trying anything new. Do something old, with a new spin. Tip: Read through Kennedy's books (I could 60+ on my bookshelf) about how to do... business spins... slapping a new face on an old indu...

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From an overall messaging standpoint, you need to figure out how to tie in your messaging around the problem that they don't know they have to messaging around problems that they *do* know they have. Your product is likely not just solving one problem, but others by extension as well. In other wo...

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One of the best ways to identify real problems in a market is to be a consultant and actually get paid to help solve the problem. Many great product companies started off this way (ex: Freshbooks, Hootsuite, Shopify, etc). They solved their own problem, and then build a solution so that others ...

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It depends on your charter or mission as well as your long term vs. Short term objectives. If your mission involves a larger more expansive view - then you will need to spend a lot more time on unique problem solving that has a strong potential ROI feeding the fulfillment of the mission. It kin...

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It's really ill-advised to solicit your vision from anyone. In my 20 years of building, investing and supporting tech companies, I don't know of a single success story that has it's origins in someone with your approach. Running a tech startup is incredibly hard. It demands sacrifices few are ...

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Lower your expenditures: 1) Move back in with your parents. If that's not an option move into a small place with a bunch of roommates. If that still isn't affordable, move into a tent in the woods, or to a 'cheap' foreign country (Thailand is popular, but there are many other places that could w...

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I am currently the CTO of a vibrant online marketplace. As prior responders said, we started with demand. Once we had people who wanted to pay for our services, it was easier to find suppliers to fulfill the demand. In addition, we started with a narrow focus, and then expanded. We are a lo...

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No, it's not a good idea. Every successful or even somewhat successful venture I know of was started either because the entrepreneur had observed and then confirmed a specific pain-point in a market that was unaddressed or that entrepreneur was "scratching their own itch" solving a problem they ...

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