Concept
Sharp Problem
An old, widely felt customer need that is still difficult or expensive enough that a 3x-10x improvement (or a 10x cost reduction) would make customers eager to pay immediately, rather than a novel or speculative problem.
Sharp Problem
5 visible of 5 connections
Related Concepts3
Related Frameworks6
Related Practices7
Ask about this concept
Transcript mentions
… Pick a sharp problem. Pick something that if you really solve it peop...
… If you are in the trenches as a founder, the easiest way to map out a sharp problem is draw the current approximate average workflow for your target customer, at least what you think is a target, and then draw the workflow after they...
Concept
Sharp Problem
An old, widely felt customer need that is still difficult or expensive enough that a 3x-10x improvement (or a 10x cost reduction) would make customers eager to pay immediately, rather than a novel or speculative problem.
Related Concepts3
Related Frameworks6
Related Practices7
Ask about this concept
Transcript mentions
… Pick a sharp problem. Pick something that if you really solve it peop...
… If you are in the trenches as a founder, the easiest way to map out a sharp problem is draw the current approximate average workflow for your target customer, at least what you think is a target, and then draw the workflow after they...