Bootstrapped Founder #70: The Shape of a Problem in the Wild
Dear founder, If you prefer listening over reading, you can listen to this episode of The Bootstrapped Founder on my podcast. The wonderful thing about humans is that they have a hundred different ways to talk about their dreams, desires, needs, and challenges. No two people will talk about their experiences the same way. Thankfully, we can group these messages into several easy-to-recognize categories while we observe our potential customers in their communities. Here's an important thing to understand: Problem awareness can't be expected by default. Many people walk through their lives, dealing with problems but not recognizing that something is wrong: to them, it's just the way things are. When someone asks for a recommendation, not only have they understood that they have a problem, they also learned that they can solve it and that there are solutions that others might recommend to them. Let me introduce Eugene Schwartz's Prospect Awareness Scale, a handy categorization of different states of clarity about any given problem in their space. Here's a quick rundown of this scale, from lowest awareness to highest:
ComplaintsThis might be the most obvious hint that there is something wrong: people quite literally telling you that something is not working for them. Anything that starts with one of these phrases can be considered a complaint:
The common theme among complaints is that they usually come after someone attempted to solve a pressing problem unsuccessfully. Their frustration levels rising, they eventually escalate to sharing their annoyance in their communities. Understand that a complaint is usually an explosive message. It might draw a bleaker picture than the person would feel in another situation. Still, a complaint is a clear indicator of a pain, a strongly felt one at that. If you see regular complaints about a particular issue, you might be looking at a very critical problem. When people vent their frustration, consider holding back on the engagement for a bit. A person who just typed furiously to deal with their pain is not the best candidate for a thoughtful and calm conversation. Take a note of the conversation happening and engage a bit later, maybe even through another channel than directly responding to the original message or thread. Asking for HelpWhile complaints are usually very emotionally charged, asking people for help is a more somber affair. While often similarly using similar wording, the complainer doesn't actively seek assistance. They're usually looking for consolation and commiseration. A person asking for help, however, is looking for a more interactive experience. When people ask for help, they have exhausted their repertoire of solutions. Particularly in professional communities, people will try many things before they consider asking others for assistance. While in certain communities, it's perfectly fine to ask for help, it may be considered a sign of weakness and lack of experience in others. Your Embedded Exploration efforts should have provided you with some insight into this threshold so that you can distinguish how experienced any given person asking for help might be. By virtue of having limited knowledge, beginners will ask for help faster and more often, which will skew the quantitative distribution of "asking for help" messages towards the novices in any given field. Every now and then, an expert will ask such a question. Pay particular attention to those posts, as they point at critical problems that even the most experienced professionals (who often have interesting budgets) have trouble with. Take notice of who responds to people asking for help and how they approach both solving their problem and asking for clarification. You will learn a lot about how solutions in this space can be analyzed by observing how people try to find the root causes of problems. The people who jump at the opportunity to help another community member are the people you want to follow and engage with actively. Consider how much insight they have into the problem space on your target niche: not only do they hang out in the community, they are actively trying to solve people's problems. If there is any person who you should ask about problems they regularly encounter, it would be the person that is always on the lookout for people who need help. Looking for RecommendationsPeople who don't need help immediately but are interested in preparing for a future problem will trust their community to supply them with valuable recommendations. Whenever people ask for tools, processes, or resources that will help them approach a future challenge with confidence, you should take a note of these things:
Try figuring out how the solutions that are being recommended are monetized. This will heavily inform the expectations around price in that community. If every single recommendation is a free tool or resource, you might run into trouble charging for something comparable later. That doesn't mean a solution to their problem can't be turned into a viable stream of revenue using other monetization strategies, but I personally prefer to directly charge people money, which directly validates the balance between price and value. Looking for AlternativesAn interesting variation of looking for recommendations is the ever-so-slightly more specific ask for alternatives. Recommendations are open-ended; people take everything they can get. But asking for an alternative is different and much more interesting for the problem discovery process: here is a solution to a validated problem that is not sufficiently solving it. On top of that, someone is actively seeking it. Since we're very interested in signs of a validated problem, this is a powerful signal. Someone else has found a problem worth solving but failed at executing. While that means that their solution might need some major tweaks, it pre-validates the problem for you. The other validation that people asking for alternatives provides is the existence of a budget. Unless the person explicitly asks for free alternatives, you can consider them interested in paying some sort of fee for a solution to their problem. For your future price calculations, it's useful to jot down the average price range of the product for which an alternative is sought. This will give you an anchor price later. Alternatives also allow you to understand what the workflow of your prospective customers is. Obviously, the product that people want to replace doesn't quite work with how they approach solving their problems. It's a good idea to ask them about this specifically. Since you already know the problem to be valid, this will give you a head-start for invalidating any ideas you might have that will clash with your customers' reality. Finally, let's look into a few other kinds of messages you might find in communities that are indicative of a problem:
It's important to understand how and why people choose to communicate about their problems to others. You can use the Prospect Awareness scale and the archetypes of messages to estimate where the audience you're observing from within their own communities is along the path from completely unaware to full awareness. This is a validation strategy that you can leverage for your further outreach, your marketing, and finally your product decisions. Listen to your audience. They will tell you what they need and how they need to be talked to for you to learn more. Thank you for reading this week's edition of The Bootstrapped Founder. If you like what I wrote about, please forward the newsletter to anyone you think would enjoy it too. You can find my book Zero to Sold at zerotosoldbook.com. It is being sold on Amazon, Audible, and Gumroad. If you want to help me share my thoughts and ideas with the world, please share this episode of the newsletter on Twitter or wherever you like, or reach out on Twitter at @arvidkahl. See you next week! Warm Regards from Berlin, Arvid |
Older messages
Bootstrapped Founder #70: On Re-Using Content
Saturday, March 13, 2021
The Bootstrapped Founder Logo Dear founder, A quick note: Zero to Sold is now on Audible. Almost 11 hours, read by a professional narrator. It's finally here, and it's really good. You
Bootstrapped Founder #69: Audience Discovery: The Importance of Budget
Friday, March 5, 2021
The Bootstrapped Founder Logo Dear founder, If you prefer listening over reading, you can listen to this episode of The Bootstrapped Founder on my podcast. When founders are looking for that
Bootstrapped Founder #68: What founders can learn from Twitch streamers about building in public
Friday, February 26, 2021
The Bootstrapped Founder Logo Dear founder, If you prefer listening over reading, you can listen to this episode of The Bootstrapped Founder on my podcast. I'm an avid Twitch viewer. While
Bootstrapped Founder #67: Fear of Disappointing Your Customers
Friday, February 19, 2021
The Bootstrapped Founder Logo Dear founder, If you prefer listening over reading, you can listen to this episode of The Bootstrapped Founder on my podcast. Over the last few weeks, you will have
Bootstrapped Founder #66: When Your Business Gets Cloned
Saturday, February 13, 2021
The Bootstrapped Founder Logo Dear founder, If you prefer listening over reading, you can listen to this episode of The Bootstrapped Founder on my podcast. This week, I ran into a Tweet by Mike
You Might Also Like
Initiator Creator - Issue 145
Saturday, November 23, 2024
Initiator Creator - Issue #145 - ( Read in browser ) By Saurabh Y. // 23 Nov 2024 Presented by NorthPoll This Week's Notes: Content-rich designs looks more convincing I just love how Basecamp
🛑 STOP EVERYTHING 🛑 BLACK FRIDAY IS NOW!
Saturday, November 23, 2024
This is your sign to take action—2025 could be your breakthrough year, but only if you start now. Black Friday_Header_2 Hey Friend , This is getting serious. We're handing over $1700 in value as
What’s 🔥 in Enterprise IT/VC #421
Saturday, November 23, 2024
Thoughts from Goldman's PICC + optimism for 2025? ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
I'm blue
Saturday, November 23, 2024
Hey, tl;dr – I've decided to delete all my Twitter posts, lock down my account, and leave the platform. And I'm going all-in on Bluesky, which (in the last month) has become 1000x more fun
🚀 Globalstar to the Nasdaq
Saturday, November 23, 2024
Plus $RKLB CEO becomes a billionaire, DIRECTV $SATS debt deal called off, TEC's $160M Series B, and more! The latest space investing news and updates. View this email in your browser The Space
Theory Two
Friday, November 22, 2024
Tomasz Tunguz Venture Capitalist If you were forwarded this newsletter, and you'd like to receive it in the future, subscribe here. Theory Two Today, we're announcing our second fund of $450
🗞 What's New: AI creators may be coming to TikTok
Friday, November 22, 2024
Also: Microsoft's AI updates are helpful for founders ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
behind the scenes of the 2024 digital health 50
Friday, November 22, 2024
the expert behind the list is unpacking this year's winners. don't miss it. Hi there, Get an inside look at the world's most promising private digital health companies. Join the analyst
How to get set up on Bluesky
Friday, November 22, 2024
Plus, Instagram personal profiles are now in Buffer! ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
10words: Top picks from this week
Friday, November 22, 2024
Today's projects: Remote Nursing Jobs • CopyPartner • Fable Fiesta • IndexCheckr • itsmy.page • Yumestudios • Limecube • WolfSnap • Randomtimer • Fabrik • Upp • iAmAgile 10words Discover new apps