Lead Users in Ideation

Lead Users in Ideation

October 5, 2022 by investor

Lead Users in Ideation

Lead users are the early pioneers looking to solve a problem.

They face problems that need to be solved in advance of the general market providing a solution.

Lead users start well ahead of the mainstream market so they create their own solutions.

They can be a great source of inspiration for startups seeking new business opportunities.

To use lead users for your ideation process, consider the following:

Identify the problems to be solved.

Look for the leading edges of a new market.

This is often not in the mainstream market but rather a niche market.

Identify lead users in the niche market that are already working on a solution.

They are often found in research labs, academic institutions, and other startups.

Create a set of interview questions.

Interview the lead users to capture their proposed solutions.

Collect the resulting interviews and analyze the various approaches and strategies they used.

Share the results in a report with others on the team.

 

Thank you for joining us for the Startup Funding Espresso where we help startups and investors connect for funding.

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Hall T Martin is the director of Investor Connect, which is a 501(c)(3) nonprofit dedicated to the education of investors for early-stage funding. All opinions expressed by Hall and podcast guests are solely their own opinions and do not reflect the opinion of Investor Connect. This podcast is for informational purposes only and should not be relied upon for the basis of investment decisions.

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