Yes, many early founders and entrepreneurs commit this mistake. They have a solution which they mould into a problem statement. They actually forget one of the most important aspects that how big or impactful the problem is!
0 replies3 likes
More like this
Recommendations from Medial
Rajan Paswan
Honorary Mentions - ... • 11m
IMPORTANT QUESTIONS YOU SHOULD ANSWER WHEN UNDERSTANDING YOUR IDEAL CLIENT!!!
• Who is your prospective client?
• What problem are they trying to solve? Why should they care?
• What level of awareness do they have about the real problem?
• Where are
How important is a problem statement?
If you can deliver a better product than the competition ,if it's quicker delivery or cheaper prices. Will it be a issue if there is not a huge problem? For example in the fashion industry if delivery speed is n
See More
3 replies3 likes
LesGo
Dine. Delight. Repea... • 3m
Big news for all the budding entrepreneurs here! Warmup Ventures has launched its second fund with a massive Rs 300 crore corpus, targeting investments in 25-30 early-stage startups across India. This is a golden opportunity for budding entrepreneurs
Mark Zuckerberg’s advice to a 20s boy/girl who wants to have an impact.
“I always think the most important thing entrepreneurs should do is pick something they care about and work on it, but don’t actually commit to turning it into a company until
Hi everyone, would you help out a fellow early stage founder?
I'm looking for D2C founders to help me identify and validate a problem statement I'm working on for my startup. It would really really mean a lot if you could take out just 3 minutes to f
See More
0 replies1 like
Karunakar CH
What You DO That Def... • 4m
Problem Statement:
Young entrepreneurs often lack access to affordable, beginner-friendly resources, Knowledge and find it challenging to connect with potential co-founders or investors. Traditional networking platforms are often overly broad or adv
See More
5 replies3 likes
Rajendra Prajapat
Senior Software Engi... • 3m
Hey guys, what’s your thoughts for a tool that pulls all your notes, ideas, bookmarks, and reminders from WhatsApp, Slack, browser extensions, and calendars into one place?
Problem Statement: We normally write our ideas, passwords, to-dos, and note
See More
0 replies1 like
ARUL VEL A V
Student at Kongu eng... • 3m
What ever product or solution anyone creates I think they just add sustainability or AI into it to make it more appealing.
I think focusing on the source of the problem is important. for example the ocean clean up first stops the plastic into the s
See More
8 replies2 likes
Sarth Deokate
Business • 1m
Hello, I’m Sarth Deokate, founder of StartSmartFounders. Our platform empowers entrepreneurs by providing expert mentorship, investor connections, and growth resources to help startups launch smarter and scale faster. We bridge the gap between founde
See More
2 replies5 likes
Sai Charan
Hard work beats tale... • 17d
𝗪𝗵𝗮𝘁 𝗗𝗼 𝗦𝘂𝗰𝗰𝗲𝘀𝘀𝗳𝘂𝗹 𝗦𝘁𝗮𝗿𝘁𝘂𝗽 𝗙𝗼𝘂𝗻𝗱𝗲𝗿𝘀 𝗛𝗮𝘃𝗲 𝗶𝗻 𝗖𝗼𝗺𝗺𝗼𝗻?
📌 They focus on one problem
Not chasing multiple ideas.
Just solving one painful problem that haunts them.
📌 They have conviction without certainty
The