Customer Discovery Hypotheses - Deepstash
Customer Discovery Hypotheses

Customer Discovery Hypotheses

Different kinds of hypotheses reflect different stages of your Customer Discovery journey:

  1. Problem Hypothesis: Validate the problem you’re looking to solve. Is it an actual problem? What’s the scope of it? Why does the problem exist? 
  2. Solution Hypothesis: The solution to a problem you’ve identified. Does it actually solve the problem in the customer’s eyes? 
  3. Price Hypothesis: Is it feasible? Can it generate revenue? Are customers willing to purchase? 
  4. Go-to-Market Hypothesis: How will distribution work? How will users find your product?

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vladimir

Life-long learner. Passionate about leadership, entrepreneurship, philosophy, Buddhism & SF. Founder @deepstash.

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The 4 Steps of Customer Discovery

  1. Define a Hypothesis: Form a hypothesis that defines both the problem & the solution. A way to frame this is to fill in the following sentence: My idea solves [insert problem] by [insert solution].
  2. Define Your Assumptions: In the hypothesis, ...

Steps To Nail Customer Pain

  • Write down a monetizable pain statement - A monetizable pain represents a pain that customers recognize, have money to pay for, and are overly interested and eager to solve.
  • Write down a big idea hypothesis - An idea for a solution to the pain you ...

Verifying The Business Model

This pre-launch phase of the customer discovery process involves answering three critical questions:

  • Have you found a product-market fit? You have to be sure your product is a good fit for the market. Is this something a lot of people need? How well does it solve...

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