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My Startup Idea Generation Exercise

Autor:   •  February 11, 2017  •  Business Plan  •  922 Words (4 Pages)  •  989 Views

Page 1 of 4

My Startup Idea Generation Exercise

Step 1:

Products/Services

Pain Points

Solutions

Online service regarding a platform which will facilitate households hiring a certified and trustworthy plumber, electrician and carpenter

People have a real problem finding a right and trustable person for many of the household jobs which they require in daily life

Quick, easy to find, affordable and secure services right from the home

Task grabbit, a service where various types of jobs will be posted on one platform and people can negotiate with the poster of the service

People have a lot of daily household, personal or business activities which they don’t have the time to perform themselves or find the right person to do so

Affordable, variety of choice in getting any type of your work done

SME consultation service in which a dedicated team will help facilitate these businesses through research, provide service regarding document preparation, etc.

SME’s have a real hard time focusing on this aspect of the business which can lead to potential growth in the future especially when it comes to acquire funds for financing

SME will be able to identify potential areas of growth with a systematic collection of financial records giving a much clearer picture of the business

A maid agency which will facilitate households and businesses with professionally trained maids and servants on a full time or part time basis as required by the customer

At home or in offices, people have a lot of issues with finding the right people to assist them in their daily activities. There is also a chance of the staff leaving without notice

A certified, professional help service which will not provide employment and training to lower income households but also provide the people with trusted and well trained staff with a sense of security

A women training class center. The service will include self-defense classes, various forms of martial arts, other types of fun activities

Pakistan is a society in which a women is always in danger of from the worlds outside and has a lot of security concerns

Women will be more confident, independent and well trained in combat

Step 2:

Venture Idea: Online Handyman Service

Rating

a) What is the compelling need that is not currently being met?

People are not able to find and verify a good handyman and even if so they do are exploited by high price of service

9

b) Who is the target market who has this need?

Household moms, fathers who do not have the time or network to find the right person for these types of jobs

8

c) Does this idea sound interesting and exciting to me, if so, why?

It sounds interesting to me because I myself have had faced this problem several times and if such a service is available it will be beneficial to both sides.

8

Total Score (a+b+c)

25

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