Jared Allgood is currently the CEO of Juxta Labs, a social and mobile apps development company. In under two years, Juxta built the largest network of classmate relationships in the world, ClassTop, which was sold to publicly-traded Classmates.com.

In this video, Allgood discusses the concepts of knowing when you've nailed a pain, nailing a "need to have" pain vs. a "nice to have" pain, as well as the initial solutions that are developed out of the pain that's been nailed.