Best Ideas 2021 features all the nominated entries submitted under ‘Submit your Idea’ category. All the entries consist of innovative solutions or propositions for an enterprise that champions the Sustainable Development Goals. They can be on the conceptual, planning, or start-up stage.
Innovative one-stop workspace
Published on September 20, 2021 um 15:09
Explain your idea in details:
Currently, there are integrated platforms for multiple departmental needs (such as team management, project management, calendar, business messaging), but most have a large price bracket that mainly caters for corporates. Some of the companies that provide these services are SAP & Oracle. There are also platforms that try to caters to a more holistic approach as business software, but most mainly caters to small businesses, which we believe is fairly different from the kind of business software that startup needs. Most startups and companies is a focused platform with a particular use case, for example, Trello which mainly caters to startups / small-team project management needs and Salesforce which is a CRM software mainly catered to large businesses. Our belief is that startup has limited resources and time to commit themselves across multiple platforms. A platform that caters to all their business needs under one platform and price, is far more convenient and affordable than spreading themselves up to different platforms with different pricing and experience. Additionally, as startups have very different needs and focus on the kind of business software that mainly caters to corporates or small businesses, our platform will stand out in providing a more customer-centric value to our customers. Additionally, users normally have to subscribe to slack, and Trello and many other tools to just manage and discuss one task. This creates subscription fatigue and a lot of hustle when switching between different platforms. Our platform solves that by providing a workspace that combines business messaging, tasks management, calendar, people management all integrated together to improve productivity and be more agile while saving tons of cash.
Expected impact of your idea on sustainable development
The development phase of the startup: Growth Amount of fundraised by the startup (estimate in US$): 0-100K The estimated valuation of the startup by the end of 2021 (estimate in US$): >1M The regions that we are interested in expanding to: Eurasia, Europe, United Kingdom, Japan, China, North America, The Middle East, India and South Asia. The metrics we consider the most important to define the growth of the startup: Monthly Active Users (MAU), Daily Active Users (DAU), Average Revenue Growth (%), Profit Margin, Customer Retention Rate, Conversion Rate (Sales-Paying Customer) What problem the startup is solving: Startups subscribe to different platforms only to use a feature or two. Too expensive for early-stage startups and scales exponentially with more employees. Most tools are not built with startup needs and experience in mind, as theyre mainly built for SMEs and corporate. How the product/service is solving the pain/problem previously mentioned: Our platform solves that by providing a workspace that combines business messaging, tasks management, calendar, people management all integrated together to improve productivity and be more agile while saving tons of cash.
Plans for implementation and sustainability
Business model: GoStartup will provide users with two packages: 1- Free Package (Entrepreneur) Users will be able to sign up and use the platform with limited features Up to 3 users 2- Premium Package (Startup, 18) Users will get access to all the features on the platform Up to 10 users (1 for additional user) Market & market access strategy: Our main focus market is Startups and entrepreneurs! 305 Mil Total number of startups and Total available market 1.7 Mil Total startups founded yearly and Market focus 52K Startups founded yearly in Europe and Serviceable available market (10% of the market, in which we are targeting at the moment) 52k X 18Euro Average fee = 60Mil Europe project revenue. Partnerships: Solveinhere; KitaFund; Ecompile; Startup Refugees. Milestones: Accomplished with 15K: Build MVP Accepted by Business Finland among 1000+ startups, relocated to Finland Launch Alpha with 3 full-time founders Acquired 500+ waiting-lists signups Launch initial release Next year 1 year with Pre-seed: Get tempo grant Expand into EU (2200 customer, 5% churn rate, 25 NPS, 108,000 ARR) Mobile version release
Age: 29 yo. on the 2nd of October will be 30 yo. A serial entrepreneur with a marketing background. Passionate about tech, design, cosmos and poetry. Leadership. Resiliency. Goal-oriented. Recognition Build three tech startups in the last 7 years while Im still under 30 years old. 2014-2021 (One successful exist). Chosen to be Sub-Committee Member at Access Blockchain Malaysia. Keynote speaker in many summits and events.
GoStartup Demo Workspace
Stage of Idea
Platform main page