Dictionary

Hypothesis

“A testable belief about a customer, a problem, or the business, which a founder tries to confirm or reject with evidence.”

Why hypothesis matters to a first-time founder

Every early plan rests on beliefs about who has the problem, whether they will pay and how you will reach them. If you never state those beliefs as testable hypotheses, you cannot tell a bad idea from a badly run test, and months of building can rest on a guess nobody checked. Writing one down with a pass mark turns it into a clear decision: continue, change course or stop.

Examples of hypothesis

“Freelance designers will pay ₦20,000 a month to have late invoices chased in their own tone of voice.” That sentence names who, what they do, and the price. You can count how many of the next twenty designers pay. “People hate late invoices” cannot fail, so it cannot teach you anything.

Common misunderstanding

People stack hypotheses and test none of them, or they test five at once and cannot tell which one moved. One bet, a way it would look if it were true, and a number that would change your mind. That is the whole tool.

When to use it

Use it this week, before you build, hire or spend on anything the next month depends on. Write the single riskiest belief, the result that would prove it wrong and the date you will decide by, then run the cheapest test that could produce that evidence. If the result would not change what you do next, choose a different belief to test.