Part 4/7:
Problem Solving vs. Solution Creation
The speaker draws a crucial distinction between problem solving and merely creating solutions. Citing Diane Halper, a psychology professor, she explains that effective problem-solving involves understanding and analyzing a situation to increase the likelihood of a positive outcome.
For example, continuing to address symptoms—like buying tissues for a runny nose without realizing an allergy is at fault—can hinder progress. A successful entrepreneur must prioritize understanding core problems to innovate effectively.