Far too many entrepreneurs and corporate innovation teams fall in love with their solution, instead of the problem they’re solving or the value they’re supposed to be creating for customers.
Oftentimes, they jump to conclusions and then blame the market for not being ready for their product or being too archaic or not knowing what’s good for them.
The reality is they didn’t do the work to figure out what customers really want and what they are willing to pay for.
If you’ve read Steve Blank’s Startup Owner’s Manual or Ash Maurya’s Running Lean, you should be familiar with the Problem Interview (if you haven’t, you should, along with these 18 other innovation must-reads).
The problem interview is step one in the process of finding a problem worth solving.
The interview focuses on three things:
Source: StartItUp.com
Step 1: Collect Demographics (Test Customer Segment)
First, as with a lean canvas, you want to start with the customer segment.
Factors you might consider:
A word of caution on demographicsWho am I?I am a male.I am very wealthy.I was born in 1948.I grew up in England. I am a successful business person.I have been married twice.I have two children.
Any guesses?
The WorkFlow podcast is hosted by Steve Glaveski with a mission to help you unlock your potential to do more great work in far less time, whether you're working as part of a team or flying solo, and to set you up for a richer life.
To help you avoid stepping into these all too common pitfalls, we’ve reflected on our five years as an organization working on corporate innovation programs across the globe, and have prepared 100 DOs and DON’Ts.