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#41 // Navigating the Challenges of Entrepreneurship: Insights from Michael Eckhardt of the Chasm Institute

Entrepreneurial Realities

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The Challenges of Product Development and Problem Definition

The biggest challenge that we face at the Venture Lab is problem definition. We call them a solution searching for a problem. And it turns out that you will not cross the chasm and win if you don't have a problem centric mindset in your company. It's what we call peeling back the onion on the customer needs, the many layers.

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