BUS 238 Lecture Notes - Lecture 2: Steve Blank, 5 Whys, Overengineering
23 Jul 2016
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Root cause analysis basics find the symptoms to the problem and underlying causes. 5 whys , identify the key indicator or symptom find the closely linked cause and why: state the problem. 3: keep asking why at least 4-5 times, see if you have arrived at a root cause. Automate the process and handle the logistics. Willingness to pivot (admit to yourself when it"s not working) Co founders / partners should have different skill sets. Always stick to the basics even when you grow. We are not our target customer it matters why your customer will buy it. Start high with your prices to test them. Be able to explain how somebody"s life will change because of you. Become a generalist bring experience and expertise in several areas. Be able to find a way to get around rules / be around people who don"t think rules apply to them.
