First time here? Checkout the FAQ!
Start asking, answering, commenting and voting on Startup Answers platform.

Join the MathsGee Club for exclusive quizzes, courses and interactive content without ads.

MathsGee is Zero-Rated (You do not need data to access) on: Telkom |Dimension Data | Rain | MWEB

0 like 0 dislike
in Starting a Startup by Wooden (2,160 points)
After identifying a problem, how do I create a problem statement?

1 Answer

0 like 0 dislike
by Wooden (2,160 points)

Once you’ve identified problems or challenges, you can shape them into opportunities. We highly recommend that you write out complete problem statements to help facilitate converting the problem into an area of opportunity.

Problem statements help you to clearly express the challenge, who is facing the challenge, and why it needs to be solved. Your problem statements should explicitly answer the following questions:

  • What is the problem or need?
  • Who has the problem or need?
  • Why is it important to solve?

Use the following sentence frames to create your problem statements:

  • Who need(s) a way to what because why.
  • ___________  need(s) a way to _________  because ____________.

Take a minute to read through the two examples below to better understand what a problem statement looks like.

Example 1. The United States needs better ways of recruiting and retaining women in STEM fields because women represent just 20% of STEM professionals, which hurts the United States’ innovative capacity and global competitiveness.

Example 2. PetSmart needs an efficient way of managing pet hair grooming waste because this expense costs the company hundreds of thousands of dollars annually.

Even if you already have an idea for a problem, we recommend that you write out a problem statement. Use our Problem Statement Formation worksheet to help you through this process. Once you’ve created statements for each problem, identify your top problem statements.

Related questions

0 like 0 dislike
1 answer 5 views
1 like 0 dislike
1 answer 7 views
0 like 0 dislike
1 answer 8 views

Welcome to Startups Q&A, a free online network where founders can ask, answer, and explore 24/7 for improved outcomes.

On Startups Q&A, you can:

  1. Ask questions
  2. Answer questions
  3. Comment on Answers
  4. Vote on Questions and Answers
  5. Donate to your favourite users
  6. Create/Take Live Video Lessons

Posting on MathsGee

  1. Remember the human
  2. Behave like you would in real life
  3. Look for the original source of content
  4. Search for duplicates before posting
  5. Read the community's rules

Join the MathsGee Club for exclusive quizzes, courses and interactive content without ads.

Wellness For Entrepreneurs

Episode 35: Marketing as a strategy for innovative entrepreneurs, with Fiona Kigen
Posted on Thursday September 09, 2021

Marketing is often the last thing entrepreneurs think about when making their product/service and starting their business. But marketing is a powerful strategy for entrepreneurs and must be part...

Click Here To Read More.

Episode 34: How to develop strategy as an entrepreneur
Posted on Friday August 27, 2021

Strategy for entrepreneurs is more critical than the product/service that they offer. Strategy is about creating a plan to win right at the beginning of starting your business. In this episode, I...

Click Here To Read More.

Episode 33: How to deal with burnout as an entrepreneur
Posted on Thursday July 29, 2021

Entrepreneurs face a high risk of burnout due to their passion, uncertain environments, and conflicting demands. But the “hustle-culture” has promoted an inability to recognize burnout in...

Click Here To Read More.

Episode 32: Dealing with the fear of failure in business, with Didier Mbayo
Posted on Thursday July 01, 2021

Failure is such a natural part of business and entrepreneurship. Yet, there are so many people who do not start businesses because they have fear. In this episode, I am joined by personal and...

Click Here To Read More.

Join the MathsGee Club for exclusive quizzes, courses and interactive content without ads.