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Copy - Mod-1 Problem Statement Canvas
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….