Lenny Distilled

Opportunity Mapping

Common Questions

How can I better identify opportunities for my product that my competitors haven't already seized?

Look to the future and imagine what people will want or need next. Focus on your own experiences and interests to uncover non-obvious insights about how people's behaviors could change. Identifying these emerging needs that others haven't yet addressed is key to finding valuable opportunities for your product.

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How can I identify promising new product opportunities or features that could drive significant adoption and usage?

Look for signs of hidden demand - areas where people are going through awkward or distorted processes to obtain a certain value or functionality. If an app or product in an unexpected market or language is seeing viral growth, it could indicate a latent need that your solution could address. Focus on finding friction points that reveal what users really want, rather than just looking at the most obvious market trends.

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I have so much data in my analytics platforms, but I'm not sure how to effectively leverage it. How can I turn that data into meaningful insights?

Your data already contains valuable insights that can help you make better decisions and uncover new opportunities. Instead of letting that data collect dust, take a step back and think about how you can use it to your advantage. Look for patterns, trends, and user behaviors that reveal untapped potential in your product or market.

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How can I be sure my product ideas are on the right track before committing resources to development?

Don't rely solely on your own assumptions and experience. Seek out external perspectives from people in different roles and departments who have valuable knowledge about your market and customers. Talking to these subject matter experts can uncover important insights that challenge your internal thinking and lead you to better product opportunities.

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How much discovery work do I need to do before proposing a solution?

The amount of discovery you should do depends on the complexity and risk of the solution. Not all ideas require extensive research - focus your efforts on the riskier solutions that need more validation. Start small and iteratively build up your understanding until you feel confident in the path forward.

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