What Startup Founders Get Wrong About Competition
When asked about competition, startup founders typically fall into two camps.
The biggest risk in any startup is not building the wrong solution — it is solving the wrong problem. These articles cover how to systematically uncover problems worth solving through customer conversations and the Customer Forces framework.
18 articles · 11 videos
When asked about competition, startup founders typically fall into two camps.
Ever had a customer go cold after a sizzling start? You’ve just closed a big customer and can taste [problem/solution fit](https://www.leanfoundry.com/topics/problem-solution-fit). They’ve agr...
There is no such thing as an impulse purchase. Behind every purchase is a string of causal events and forces.
Inspired by the Scientific Method, the search for Problem/Solution fit starts with creating a model — specifically a business model using a Lean Canvas. On that Lean Canvas, you take your best gues...
_If you were a marketer at a mattress company, when is the best time to run an infomercial?_
If you’re a product-oriented founder like me, you probably get a little nervous when you get to the pricing conversation during a product pitch. You’d rather defer this conversation to later (like ...
I recently got asked about the most common pitfall that trips up entrepreneurs. Top on my list is: **Falling in love with your solution**. I’ve previously labeled this pre-disposition for the solut...
I recently declared that I’m [moving away from MVP](https://www.practicetrumpstheory.com/p/moving-beyond-mvp) in favor of:
A manager at Toyota is delivering a quarterly update to an executive. He’s enthusiastic because all the metrics are trending up and to the right. They shipped on time — sales and customer satisfact...
_Me: You seem to have identified a big-enough customer problem that you have a plausible solution to (feasible)… What’s keeping you from closing customers?_
As all B2B sales meetings went online during the pandemic, [Matt Dixon](https://www.linkedin.com/in/matthewxdixon/) and [Ted McKenna](https://www.linkedin.com/in/ted-mckenna/), authors of _The Jolt...
A basic tenet of running lean is validating a product or feature ideally **without having to build it first**. This makes complete sense when you look at every product or feature as its own custome...
Over the last nine years, I’ve published two best-selling books: [Running Lean](https://runlean.ly/3e?ref=blog.leanstack.com) and [Scaling Lean](https://scalinglean.com/?ref=blog.leanstack.com). Bo...
As product development has become easier, the battle for attention has become harder.
At the early stages of a product, [before problem/solution fit](https://www.leanfoundry.com/topics/problem-solution-fit), customer interviews are the best (and fastest) way to learn from customers....
Customer Forces Stories are a powerful way of summarizing customer conversations during your search for [problem/solution fit](https://www.leanfoundry.com/topics/problem-solution-fit).
How do you get customers to openly talk to you during problem discovery interviews if you’re “not allowed” to pitch your solution? This is the top question I get from founders on conducting cu...
Good customer / problem discovery is key to achieving [problem/solution fit](https://www.leanfoundry.com/topics/problem-solution-fit).