Are you solving a problem worth solving?

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Are you solving a problem worth solving?

Elaine ChenMay 13, 2015

© 2015 ConceptSpring

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Independence iBot -Via Deka Research

Getting to a problem worth solving

1. Define and refine

2. Validate your hypotheses

Photograph by Lynn Ishchay - Via robohub.org

From the 2008 Ph.D. Thesis of Prof. Ed Olsen, Associate Professor of Computer Science and Engineering at the University of MichiganReproduced with permission by Prof. John Leonard, Professor of Mechanical and Ocean Engineering. CSAIL, MIT

Via robohub.orgPhotograph by Lynn Ishchay - Via robohub.org

Via robohub.org

“We had to engineer the robot from scratch for this specific purpose (although, naturally, we used commercially available off-the-shelf parts wherever appropriate).”

- Mick Mountz, “Kiva the Disruptor”, Harvard Business Review, December 2012

Getting to a problem worth solving

1. Define and refine

2. Validate your hypotheses

Getty ImagesGetty Images

z

Getting to a problem worth solving

1. Define and refine

2. Validate your hypotheses

Endurance Athletes

Half iron

TriathletesSprint Olympic

Ironman

Recreational AthletesAmateur Athletes

Semi-Pro Amateur AthletesProfessional Athletes

Recreational Cyclists

Road racersMountain bike racers

Cyclists

CommutersMarathoners

Ultra-marathoners

Runners

5K/10K road racersFitness runners

Half Marathoners

Half iron

TriathletesSprint Olympic

Ironman

Recreational AthletesAmateur Athletes

Semi-Pro Amateur AthletesProfessional Athletes

Recreational Cyclists

Road racersMountain bike racers

Cyclists

CommutersMarathoners

Ultra-marathoners

Runners

5K/10K road racersFitness runners

Half Marathoners

Endurance Athletes

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Female road

race finisher• 5K/10K/Half

marathons

• 25-35

• Works full time

• Married with

children

• Working on a

Personal Record

Getting to a problem worth solving

1. Define and refine

2. Validate your hypotheses

“Tell me about the last time…”

“Why not?”

“You mentioned XXX. Can you say more about that?”

“Why?”

“Tell me the story of…”

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Getty Images Getty Images

Liz, 38• UX designer, style

maven

• Type A highly driven

• 2 kids – Age 2 and 5

• 1.5h commute each

way

• No coach

• 1st half marathon

• Uses MapMyRun

• Hit a wall with her pace

• Needs help getting

unstuck

1. How many Lizzes are there?

2. Is there any money to be made?

z

US Population: 319M1

Females aged 18-65:200M1

Female race finishers:10.8M2

5K, 10K, Half Marathon: 667M2

1. US Census, 2014 – Quick Facts2. Running USA 2014 State of the Sports,

Part II: US Race Trends; internal analysis

1. How much will Liz pay?

=> Is it financially plausible?

2. How will you find Liz?

3. How much does it cost to run your business?

A problem “worth” solving to me 20y ago:• Is a technical problem

• Is “interesting”: pushes the envelope

• Includes hardware and software

A problem “worth” solving to me today:• Is a business problem

• Addresses a true need, and reaches many

• Is economically viable

What problem is worth solving to you?

Thank you

Hardwareproduct.info@chenelaine blog.conceptspring.com

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