What Is the Solvable Problem™️, and Why Does It Matter?
The Concept of the Solvable Problem™️
Dan Nicholson's Rigging the Game challenges the idea of chasing generic goals like "grow the business" or "make more money". Instead, it introduces the Solvable Problem™, a tailored financial goal that accounts for your unique constraints, values, and desired outcomes.
Why It's Essential
Business owners often need a clear definition of success to pursue conflicting objectives, leaving them overworked and financially frustrated. The Solvable Problem™ gives you a compass, ensuring every decision brings you closer to your specific vision of financial certainty.
How It Works
- Clarify Your Values: Define what truly matters-time with family, financial security, freedom from stress.
- Account for Constraints: Consider risks, cash flow needs, and industry challenges.
- Build a Path: Align your financial strategies with this clear goal.
A Real Example
One business owner came to Nth Degree feeling cash-strapped despite strong revenue. By defining their Solvable Problem™, we identified how to restructure their compensation, unlock hidden tax savings, and create a 3-year roadmap to build liquidity. Within 12 months, they doubled their take-home pay.
Take Action
Ask yourself:
- What does financial success look like for me?
- Am I making decisions that align with that vision?
A Solvable Problem™ isn't just a goal-it's your roadmap to sustainable success.
