The document discusses the key factors to consider when developing a new product or startup: understand your environment, vessel, market, product, and how it will end. It emphasizes the importance of knowing customer needs by discovering the "jobs to be done" and building an MVP based on prioritized user stories. It also discusses tools like the business model canvas and Ansoff matrix that can help guide strategic decisions. The overall message is that thorough understanding in these areas is needed for successful navigation in uncharted startup territory.
37. LOWSatisfactionwithcurrentsituationHIGH
LOW Importance of Outcome HIGH
We should focus only on things that are of highest importance.
But only if the current market
solutions are not appropriate.
This can be measured using
levels of satisfaction.
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38. LOWSatisfactionwithcurrentsituationHIGH
LOW Importance of Outcome HIGH
Over Served: Ripe for
disruption through cost
reduction
Poorly Served: Ripe
for new value creation
Appropriately
Served
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