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Think Startup

Created on August 30, 2024

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Transcript

Problem Statement Canvas

Your Personal Entrepreneurship Application Guide to Build Real Venture Ideas

Entrepreneur Frameworks

Explainers & Examples

Step by Step demo

Tutorial

Problem Statement Canvas

ROOT CAUSES & IMPACT

What are the main reasons for the problem to exist? What is the loss/pain caused by the problem?

02

PROBLEM

What is the problem? How does it manifest itself?

01

FREQUENCY

How often does the problem occur in a day/week/month?

02

MY ALIGNMENT

Explain how the problem aligns with your passion, skills, or experience as a problem solver.

03

CUSTOMERS/USERS

Who experiences the problem most severely? Is this a small or large group?

01

CURRENT SOLUTIONS

How do people currently address the problem?

03

01

Questions to Address

Explainer Video

Problem

Clearly articulate the main issue you're facing in one concise sentence

Step by Step Demo

Checklist

Customers/ Users

Understand who experiences these problems

What comes next in the journey?

Examples

02

Questions to Address

Explainer Video

Frequency

How often the problem occurs or is experienced

Step by Step Demo

Checklist

Root Causes & Impact

The underlying reasons for the problem and its consequences

What comes next in the journey?

Examples

03

Questions to Address

Explainer Video

Current Solution

Existing methods or products people use to address the problem.

Step by Step Demo

Checklist

My Alignment

Your personal connection or motivation to solve the problem.

What comes next in the journey?

Examples

Instructions to navigate the tool easily; Please move forward once understood

Questions to Address

Explainer Video

What to expect in this tutorial

Reminds you of the Key questions that you must ask and answer to apply the framework to your venture idea for best results.

Contains simple, short explanation of the concept by an expert

Covers 5 entrepreneurial frameworks to help you develop your venture idea Each framework can be comprehended through 6 key components, as illustrated here. They serve as a guiding tool tailored to meet your specific needs and learning style

Step by Step Demo

Checklist

Reminds you to review your final output using the specific checklist for the framework you are currently working on

Contains step by step demonstration of how to apply the framework around your own venture idea

What comes next in the journey?

Examples

Contains examples of different startup ideas and ventures to understand how the framework applies to different types of ventures.

Tells you what the likely next step in a typical entrepreneurial journey would be….