You’re at a networking event, and someone asks you the classic question, "What does your business do?" Maybe you answer by describing your services, highlighting your years of experience, or sharing your passion for your work. But as you speak, you notice that familiar glazed-over look creeping into their eyes. They nod politely, but they’ve checked out.
Why does this happen? It’s not because what you’re saying isn’t important—it’s because you’re missing something crucial: you haven’t led with the problem you solve. And without understanding this, your business narrative falls flat. Here’s the thing: no one buys your service or product just because it exists. They buy it because it solves a problem for them, something they desperately need to be fixed.
As a woman entrepreneur, especially one over 40, you’ve already climbed mountains and crossed valleys in both business and life. You’ve built your business on a foundation of passion and skill. But if you’re not crystal clear on the problem you solve, you’ll keep hitting that wall—the one that keeps your potential customers at arm’s length. Now it’s time to break through!
The Missing Puzzle Piece: Understanding the Problem You Solve
Let’s be candid: if you’re struggling to gain traction or consistently convert leads into paying clients, it’s not because you need more things—more products, more services, more social media posts. You’re missing a deeper understanding of why your business exists. And the reason isn’t just to sell things—it’s to solve a problem.
Think about it this way: every successful business is built on solving a problem. Apple solves the problem of user-friendly technology that seamlessly integrates into people’s lives. Starbucks solves the problem of making coffee accessible, delicious, and an everyday luxury. What problem does your business solve?
This is the cornerstone of your success. Without it, your business may look impressive from the outside—sleek website, killer branding—but it lacks the stability and clarity to make an impact. It’s like building a beautiful house on sand. The moment things get shaky, you risk collapse.
Why Problem-Solving is Your Superpower
Let’s talk about why knowing the problem you solve matters so much.
Clarity of Purpose: When you know the problem you’re solving, your business gains a laser-focused sense of purpose. This clarity guides every decision you make, from your product offerings to your marketing messages. It’s the “why” behind everything you do.
Customer Connection: People don’t buy products or services. They buy solutions. When you articulate the problem clearly, your potential clients feel seen and understood. They’re drawn to you because you’re speaking directly to their pain points.
Effective Communication: Once you know the problem, you can communicate directly and powerfully to your audience. Your marketing shifts from generic pitches to resonating with the people who need your solution the most.
Competitive Edge: In a marketplace filled with noise, a clear problem-solution statement sets you apart. You’re not just another service provider. You’re the one solving the exact problem your customers can’t figure out on their own.
Innovation Driver: Understanding the core problem you solve isn’t a one-time thing. It’s the key to continuous growth and innovation. As you dive deeper into understanding the problem, you’ll uncover new ways to refine and improve your offerings.
Unveiling the Problem You Solve: A Step-by-Step Guide
So, how do you figure out the real problem your business solves? Let’s break it down.
1. Listen to Your Clients
This isn’t just surface-level listening; dig deep into their frustrations and complaints. What keeps them up at night? What are they worried about? Where do they feel stuck? Listening to their pain points gives you insight into the core problem they need you to solve.
2. Analyze Your Successes
Look at your most satisfied clients or customers. What transformation did they experience? What was their life or business like before working with you, and what’s different now? This can reveal the true impact of your work.
3. Ask “Why” – Multiple Times
The first answer you get isn’t always the root issue. When you identify a problem, ask yourself why it matters. Then ask why again. Keep digging until you get to the heart of the issue. This is where the real problem lives.
4. Look for Patterns
Are there common threads or themes in the feedback you get from customers? When you can spot these patterns, you start to understand that you’re solving a consistent, recurring problem that your audience desperately wants resolved.
5. Consider the Ripple Effect
Think about the broader impact of solving this problem. How does fixing this issue affect other areas of your customer’s life or business? This ripple effect can help you articulate just how important your solution is.
Crafting a Powerful Problem Statement
Once you’ve done the detective work, it’s time to create a problem statement that cuts through the noise and speaks directly to your audience’s pain. Your problem statement needs to be clear, concise, and emotional.
Here’s what makes a powerful problem statement:
For example, instead of saying, “I’m a business coach for female entrepreneurs,” you might say, “I help women entrepreneurs stop playing small and start making consistent, five-figure months by unlocking the business strategy that actually works for them.” See the difference? It’s not just about what you do—it’s about how it transforms their world.
Aligning Your Entire Business Around Problem-Solving
Once you’ve nailed down the problem, it’s time to make sure your entire business is aligned with that clarity. Everything you do should support your mission to solve this problem.
Refine Your Offerings: Every product or service you offer should be tied directly to solving the problem. If it doesn’t help move the needle for your customer, it’s time to rethink it.
Revamp Your Marketing: Your website copy, social media posts, and emails need to be laser-focused on showing how you solve your customers’ problems. It’s not about you; it’s about them and their pain points.
Train Your Team: Every person on your team should understand the problem you solve and how their role contributes to the bigger picture. They should be able to articulate your problem statement just as well as you can.
Gather Testimonials: Client testimonials are powerful when they speak to the problem and transformation. Use these stories to show potential clients how you’ve solved the exact problem they’re struggling with.
Evolve with Your Clients: As your customers grow, their problems will evolve. Stay ahead of the curve by continually refining your understanding of the problem and offering new solutions that meet them where they are.
The Transformative Power of Problem-Solving
Here’s the kicker: understanding the problem you solve doesn’t just transform your business; it transforms you. As women entrepreneurs, especially those over 40, we bring years of wisdom and experience to the table. When you step into the role of a true problem-solver, you elevate yourself from business owner to change-maker.
You stop seeing your business as just a way to make money, and you start seeing it as a way to impact lives. That shift is powerful, and it’s felt by your clients. They’ll be drawn to you because you get them on a deeper level than anyone else.
Embrace Your Role as a Problem-Solver
As you finish reading this, take a moment to ask yourself: What problem do I solve? Why does it matter? How can I communicate this more effectively?
The beauty of problem-solving is that it’s an ongoing process. As your business evolves, so will the problems you solve. Stay curious. Keep asking questions. And never stop refining your focus.
By embracing your role as a problem-solver, you’ll not only attract more of the right customers—you’ll find deeper purpose and fulfilment in your work. That’s the magic of understanding the problem at the heart of your business.
So, the next time someone asks, “What does your business do?” skip the rehearsed speech. Tell them about the problem you solve and watch their eyes light up with interest. Because when you speak from a place of clarity and purpose, you turn casual conversations into meaningful connections—and those connections lead to business growth like you’ve never experienced before.
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