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What Is The Problem You Are Trying To Solve?: © 2018 Tony Elumelu Foundation All Rights Reserved
What Is The Problem You Are Trying To Solve?: © 2018 Tony Elumelu Foundation All Rights Reserved
In this worksheet you will consider some of the basic elements that are critical to forming a successful
business. As you read in the article “Problem versus Solution”, it is critical to understand a specific
problem that is experienced by a specific set of customers.
You may have the perfect solution already, but it’s unlikely. Most new companies fail because they
commit to a particular product or service too early, before the founders really understand their customers,
or the size of the market.
Now we need to get a sense of the problem you are trying to solve. We will focus on your solution later.
Please answer the following questions as clearly and simply as possible.
1.
2.
3.