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SOLVING PROBLEMS = MONEY MAKING ABILITIES

 
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CSPURGEON

posts: 76

Feb 23, 2007 8:27 PM ET    Quote  Report Abuse
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Robert Kiyosaki states in his book: The way to become rich is to solve problems. How do you believe these problems can be found. Is it something that you come across in your daily life? Or is it something that you research and interview people in different careers, backgrounds, or geographical areas to see what their problems are?

I find it very interesting when you think of business or any aspect of your life this way. ALL businesses do this. They are merely solving a problem for us as consumers, some even solve a multiple of problems.

HOW DO YOU FIND PROBLEMS?

Shhhh

posts: 6

Feb 24, 2007 1:38 AM ET    Quote  Report Abuse
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Well, I myself am still fairly new to these here forums, but I would have to think just go about your daily life and listen to people talk. on a bus or train listen to other peoples converstations.

What are they complaining about? If you were in there shoes how would you deal with this?

"UGH. my boyfriend is such an #$%#$! He thinks of no one but himself." maybe you write a book "how to be a more sensitive and careing man", maybe you offer sensitivity training for guys with their significant others, just keep thinking what would I do, how would I deal with it.

Eventually some idea will sound so great to you; you just HAVE to follow through... then you begin on the road of entrepreneuership.

Best of luck,

Shhhh

CraigL

posts: 9051

Feb 24, 2007 3:29 AM ET    Quote  Report Abuse
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As a writer, I`ve come to see that there`s a missing but crucial word: "perceived."

I think the issue is to solve what people percieve as a problem. There are countless real problems in the world, but if nobody sees them as a problem, so what?

Consider New Orleans. Nobody seemed to think that the levy walls were a problem. In fact, they took the money that OTHER people---those with actual expertise---knew for a fact were a problem, and put it somewhere else.

Many financial analysts see that lack of savings is a huge problem in America today. So? Nobody else sees it that way, so we have negative savings on a general or statistical basis. Will it be a problem in the future? Probably so, just like the NO levy problem came to light in the future.

Isn`t a sales pitch in many instances a way to increase the perception of an existing problem? And many "negative" sales pitches try to create a perception of a problem where one doesn`t really exist.
ElidS

posts: 471

Feb 24, 2007 12:19 PM ET    Quote  Report Abuse
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Although I agree with Craig`s statement
"the issue is to solve what people percieve as a problem. There are countless real problems in the world, but if nobody sees them as a problem, so what?"
unlike him I believe that one can use that failure to perceive the situation as a problem as a business opportunity in effect giving you a monopoly on the market instead of viewing it as the lack of a selling proposition. The old optimist vs pessimist comes to mind,
  • The pessimist goes to Africa and thinks "this is a bad footwear market, nobody here wears shoes."
  • The optimist goes to Africa and thinks "this is a great footwear market, nobody here has bought shoes yet!"
In the US toilet paper was not introduced until 1836, before then people used pig chewed corn cobs and saw no "need" for such a thing. I`m certain few today would agree with that, as the saying goes "once a mind has been enlarged to encompass a new idea it will never go back to it`s original size". If there is a problem out there that needs to be addressed and you can capitalize from educating people to a new method of doing things, it behooves you to do so.
CraigL

posts: 9051

Feb 24, 2007 8:31 PM ET    Quote  Report Abuse
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Ah...and that`s where Eli and I are often on the same page. :-) It`s a pereption issue. In the African shoe market case, it`s the perception of a problem and solution generated in the optimist.

Now, suppose that optimist opens a shoe store. One way or another, s/he has to convince the African people that not having shoes "is" a problem.
houseofjerkyjanie

posts: 1150

Feb 24, 2007 9:31 PM ET    Quote  Report Abuse
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Very interesting.  I guess quite often, we`re trying to sell  people a solution, to something that they don`t think, is a problem at all.

 

houseofjerkyjanie2007-2-24 21:50:46
CollegeCoach

posts: 37

Feb 24, 2007 10:49 PM ET    Quote  Report Abuse
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Your question was very interesting to me because I am starting a business in an arena where most people do not believe they have a problem--applying to college and going through the college admission process.

However, having worked on the other end of the spectrum as an admission counselor I regularly denied students because they "had a problem" with their application, but unfortunately didn`t know it. And applicants often "had a problem" with not knowing the correct ways of doing things which ultimately cost them money, admission, etc.

So for me, my battle is trying to help families understand that something they perceive as simple, really isn`t. And that professional assistance really can in the end help a student reach their goals, save money, save time,  and ultimately make money (in their future career).

The problem was always clear to me in my previous position and perspective, since the process is something that is somewhat secret to the masses.



-------------------------

**College Application** **Scholarship Search** **Essay Editing** The Experts in College Admissions Counseling. CollegeStrategiesOnline.com Blog.CollegeStrategiesOnline.com
CraigL

posts: 9051

Feb 25, 2007 8:34 AM ET    Quote  Report Abuse
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Kathy and I were talking about this, the difference between an existing product versus something totally new.

So many entrepreneurs are looking for something unique, something so new that nobody`s doing it. In some cases, people have tried but the idea just isn`t interesting and that`s why we don`t see it all around. But in many cases, they come up with really and truly something never-before-seen.

What happens then? I just read the Henry Ford quote, I can`t remember which thread. He asked people what they`d like for better transportation, and they said a cheaper horse that eats less....something to that effect.

The point being that people most often can only imagine an extension of what they already know. They don`t break out of their belief and experience system, they only try to modify it. When something totally new comes along, it either has to be immediately self-evident, or there`s the problem we`re facing here.

If you open a business selling a different format of what everyone understands, you have problems of pricing, competition, doing it better, cheaper, so forth. You have problems of differentiation, and even being seen or noticed in a busy marketplace.

If your business fills a long-standing need where nobody`s been able to figure out how to do it before, that`s the best! People instantly see the point, immediately want the product, and you become an instant gazillionaire.

But in between is where you and a few others might see a serious problem, where nobody else in the world sees that problem......yet. And that means education. You not only have to sell the product, you have to educate and prepare the market. That`s a big problem, and usually ends up with an advertising and marketing campaign. The Catch-22 is that most startups don`t have the kind of money.

I think it`s why we often see dramatically new products coming out of existing corporations. IBM invented the PC and had the budget to "explain" it to people. Apple, on the other hand, had to interest the outer-space technology geeks. So they did the user-group and convention shows, hoping they could build enough machines to match the customer orders they piled up from those trade shows.
CraigL2007-2-25 8:36:52
CSPURGEON

posts: 76

Feb 25, 2007 9:52 PM ET    Quote  Report Abuse
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So when trying to "convince" someone that what you are doing is solving there problem are you blunt and just tell them why they need you. Or do you slowly bring your idea to the surface? Is this where marketing or just common sense is needed? And does it depend on your product or service?

CraigL

posts: 9051

Feb 26, 2007 3:30 AM ET    Quote  Report Abuse
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Hm...I dunno if you can be all that blunt. :-)

"Hey buddy! Yer pants just fell down. Have you considered a belt? It`s a device that helps you keep your pants up...I invented it. Yah...I have one. Wanna try?"

The thing is having one`s pants fall down is self-evident. But if Africans have lived for many generations without using shoes, do they perceive a need? It reminds me of an excellent question: If someone in Africa has lived all their life without air conditioning....do they miss it?

I think they do. They may not call it air-conditioning, but they DO miss having a way to control the temperature. All they have to do is walk into a cave in the afternoon to know that sometimes, even in daytime, you can have a cooler environment that`s more pleasant.

If someone were to offer them a product that allowed them to make it cool whenever they wanted, they would draw on their experience with the cave, "realize" the benefits, and consider buying the device. What about shoes though? Would they really know a benefit? The soles of their feet already are like leather.
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