Sequence Over Strategy Fix the Right Problem
5 snips
Apr 10, 2025 Entrepreneurs often rush to solutions without pinpointing the actual problem. Learn why quick fixes, like lowering prices, rarely work. Discover the Five Whys framework that helps uncover the root causes of business challenges. Delve into three types of problems: market shifts, internal model changes, and personal needs—each requiring tailored responses. Slowing down to ask better questions can lead to more effective solutions.
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Avoid Knee-Jerk Reactions
- Avoid jumping to solutions when problems arise in your business.
- Instead, slow down and ask clarifying questions to identify the root cause.
Use the Five Whys
- Use the "Five Whys" framework to uncover the root cause of problems.
- Repeatedly ask "why" to move beyond surface-level issues and find deeper, more impactful solutions.
Three Root Causes of Problems
- Business problems often stem from three root causes: forced market shifts, internal model shifts, or a personal need for change.
- Identifying the root cause is crucial for effective problem-solving.