Every day. Fast Forward.
Sometimes you can be so blinded by a specific solution to a problem that you completely forget what the root cause of the problem was. When people are facing challenges of some sort, they seldom jump straight to very specific solutions to the problem. Instead they dwell at the problem for a while - short… Continue reading Understand the root cause
"They will love it, when they see it. And they will realize that this is just what they have been waiting for." Trying to build something for a market that's nascent is super hard on so many levels. Yet, it is also one of those areas where time and time again, I meet founders who… Continue reading Arghh, it’s good enough
The problem with too much process and red tape is that it creates excuses for not getting problems solved: "Our processes dictates that I must do this", "I am not measured on doing that", "I cannot do anything about it, it's the rules", "We have a policy that…". Etcetera etcetera. Of course there needs to… Continue reading The “red tape” danger
There are two types of problems, you can pursue solving, when you're trying to build a startup: You can go after a problem that is really obvious and outspoken. Or you can go after a problem that is non-obvious but nonetheless exists. If you go after the first, chances are that you will be far… Continue reading Attacking a problem
When you're trying to solve a problem for someone, it helps a lot if you can empathize - even feel - the problem yourself. Because it's when you have a real sense of the problem, you release all those creative juices that allows you to not only look at the problem from different angles but… Continue reading Feel the problem
Not so long ago I met for the second time with a potential co-founder for our MedTech startup. It was a really good and interesting meeting, and the conversation was really good. One of the things we talked about was what it means to be a co-founder of a startup. "What does being a co-founder… Continue reading What’s in a co-founder?
One of the things we're constantly looking for, when we're talking to potential co-founders, is the ability to fall in love with the problem, we're looking to solve. Either straight off the bat - much preferred but rare - or as something to grow easily into. But is love of the problem always that great?… Continue reading When love becomes fatal
Pay day loans are one of the greatest scurges of modern day finance; overcharging poor people for access to quick and often necessary capital to get by from day-to-day. But is earnings-on-demand - live access to your pay irrespective of the monthly pay day at the end of the month - really the answer? While… Continue reading Solving pay-day-loans?