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In this week’s Quick Coffee, Patrick and Felix discuss the nature of innovation in consumer products, exploring how many startups focus on solving problems that have existed for centuries. They delve into the distinction between innovating on the problem versus the solution, and how understanding this can impact startup success and market fit. The conversation highlights the importance of recognizing enduring human needs while also considering how new technologies can create desires that reshape consumer behavior. Grab a coffee and listen in!
Our episode overview
(00:00:00) Welcome Back and Personal Updates
(00:08:01) Exploring Innovation in Consumer Products
(00:18:23) The Nature of Innovation: Problem vs. Solution
(00:26:32) Evaluating Startup Potential and Market Fit
Want to connect with us? We look forward to hearing from you on Twitter at @QuickCoffeeVC or at https://quickcoffee.vc.
Find Pat on LinkedIn and X:
https://www.linkedin.com/in/patrickhaede/
Find Felix on LinkedIn and X:
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Discover
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Listen to the best highlights from the podcasts you love and dive into the full episode