Problem-Solution Pitch Formula

A framework for pitching startups by clearly explaining the problem and solution, based on Shaan Puri and Sam Parr's feedback to founders.

Core Pitch Structure

  • Start with a specific customer example: "X company had Y problem"
  • Explain what they tried: "They tried Z solution"
  • Show why existing solutions fall short
  • Present your unique approach and why it works better

Key Elements for Effective Pitching

  • Use real customer stories and examples

    • Name actual companies experiencing the problem
    • Provide concrete details about their situation
    • Show real numbers and results when possible
  • Make it immediately clear what you do

    • Avoid generic terms and industry jargon
    • Focus on the first 30-60 seconds
    • Test pitch with friends to ensure clarity
  • Include personal credibility elements

    • Relevant background experience
    • Previous success stories
    • Deep industry knowledge
  • Present clear traction metrics

    • Current revenue/customers
    • Growth rate
    • Key partnerships or wins

Common Pitching Mistakes to Avoid

  • Being too technical or abstract
  • Using industry jargon without explanation
  • Not clearly stating the problem being solved
  • Failing to differentiate from existing solutions
  • Not including specific customer examples

Framework Testing Method

  • Present pitch to friend/colleague
  • Ask them to explain back what your company does
  • Evaluate if they:
    • Understand the core concept
    • Find it compelling
    • Can repeat it to others
  • Iterate based on feedback until message is clear and compelling

This framework emphasizes clarity, specificity, and real-world examples over theoretical or technical explanations.

SP

Shaan Puri

Host of MFM

Shaan Puri is the Chairman and Co-Founder of The Milk Road. He previously worked at Twitch as a Senior Director of Product, Mobile Gaming, and Emerging Markets. He also attended Duke University.

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