In Jetpack for Changemakers Step 6, the goal is to clarify what the end-to-end lifecycle and the interactions between customers and other key people who receive value from your solution look like.
startups
Your goal in Jetpack for Changemakers Step 5 is to gain clarity on your legal structure and funding options. You’ll also aim to tell a comprehensive story about your idea and impact – to attract supporters, investors, and collaborators.
At the end of Step 4, your goal is to gain clarity on the elements of your financial model and what would be required to reach monthly breakeven.
Win a spot on the 1 December Jetpack for Changemakers Steps 1 & 2 day in Sydney - worth $999. Get your purpose-driven startup/social enterprise rocketing.
At the end of Step 3, your goal is to have clarity on your solution concept and how to test the riskiest assumptions and pricing options.
What investors, philanthropists and mentors look for in your purpose-driven startup. Four key themes from the Amplifying the Value of Your Enterprise at the Social Enterprise Startup Bootcamp hosted by Allens Accelerate.
At the end of Step 2, your goal is to have clarity on your target customers and the problem you’re focusing on. You should also have clear steps to test your riskiest assumptions.
Your goal at the end of Step 1 is to describe your idea, its value, and the support you need to deliver it - within 60 seconds.
We’ve worked with hundreds of startups. We’re often asked, ‘what advice would you give to someone who’s thinking about starting a social enterprise or a purpose-driven business?’ Over the years we have distilled what we have learnt from our personal experience into six steps guided by three principles. We call it Jetpack for Changemakers.
Being a startup for good can be very rewarding but it also comes with many challenges. Here are some thoughts on some challenges faced by purpose-driven startups and social enterprises, and what we've found to work.