Substitution Heuristic - Are You Really Answering The Right Question? (Edu)
Description
Are you really answering the right question?
Do you find that your solutions to the problems you’re facing are not working?
Don’t fear, Chris Saad and Yaniv Bernstein are here to steer your startup towards success. Together they discuss the essential strategies of not falling victim to the substitution heuristic.
Misguided Priorities: Explore how founders often prioritize fundraising and publicity over solving core customer problems, leading to convoluted results.
The Right Sequence: Learn the importance of solving customer problems first, scaling the solution, and then monetizing, avoiding the pitfalls of reverse engineering.
Strategies for Success: Uncover practical tips for founders, including accountability partnerships, documenting assumptions and metrics, and maintaining focus on core objectives.
The Role of Advisors: Understand how advisors can serve as critical checkpoints, helping founders realign when they veer off course and guiding them towards answering the right questions.
Cultivating Effective Habits: Embrace the significance of developing habits and routines to combat distraction and avoid falling prey to substitution fallacies.
Watch the full episode to equip yourself with the knowledge and insights needed to navigate startup challenges and prioritize effectively! 🚀🔍
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Learn more about Chris and Yaniv
Work 1:1 with Chris: http://chrissaad.com/advisory/
Follow Chris on Linkedin: https://www.linkedin.com/in/chrissaad/
Follow Yaniv on Linkedin: https://www.linkedin.com/in/ybernstein/
Credits
Lovingly handcrafted for the global startup community by:
Editor: Justin McArthur
Associate Producer: Aidan Cousins
Intro Voice: Jeremiah Owyang