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How Can I Specifically Address the Meal Problems of Students Living Alone? [Founder's Question]

Asia Tomorrow

Asia Tomorrow

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The [Founder’'s Question] section introduces practical concerns of entrepreneurs and answers to those questions based on actual entrepreneurial coaching data.

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1.How can early-stage entrepreneurs refine their business model?

Early-stage entrepreneur A's concern: 

We are a prospective startup team preparing to launch a new business. We conducted research to understand what each team member thinks the main problem is. 

As a result, we decided to focus on solving ‘the meal problems’ of students living alone. However, we are having difficulty defining a more precise direction. 

"I would appreciate any advice on this matter."

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Advice from underdogs Startup Coach:

"The meal problems of students living alone can be divided into several categories. Addressing these issues all at once is a vast challenge due to their diverse causes, such as lack of time, lack of cooking skills, and cost burdens. As a startup just beginning, it might be too challenging to tackle all these issues simultaneously."

"It's crucial to pinpoint the most relatable problem based on your team's research, whether it is lack of time, cooking skills, or cost burdens. For instance, investigate the most commonly used ingredients or the usual mealtime habits of these students. This will help you define the problem more precisely and develop a targeted solution."

"Identify the root causes of having home meals difficult and determine which issues are the most urgent and important to address. Consider which problems your team has the capacity to solve. Once you have identified the root causes, create a prototype solution to see if it effectively addresses the issue you aim to solve."

2. Why the Entrepreneur's Perspective is Important

When defining a problem, it is crucial for entrepreneurs to incorporate their personal experiences and perspectives. This helps in better understanding the customer's standpoint and providing genuine solutions.

  • Who are your customers?
  • What kind of lifestyle do they have?
  • What are their preferences?
  • What problems are your customers experiencing?
  • Why are your customers facing those problems?
  • How do you plan to solve these problems for your customers?

3. Entrepreneur's Perspective = Accurately Defining the Problem

🙋 Read the full article and discover the real tips for early founders who want to solve the problem from scratch!

👉 https://bit.ly/4c3NuHD   

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#Startup#Coaching#underdogs#AsiaTomorrow#Food#Delivery#Business model

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