🧠 Idea Statement

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✅ What this stage is about

This is where you bring clarity to your idea — not with a pitch deck or business case, but with a simple, focused statement of what your idea is, who it helps, and why it matters.

It’s a chance to zoom out and capture the essence of your idea in plain language. The goal isn’t perfection — it’s alignment.

✨ Think of this like planting your flag. From here, everything else can grow with more purpose.

🎯 What you’ll learn

  • How to summarise your idea clearly and confidently
  • How to answer: “What are you building, and why?”
  • How to make your idea more relatable and focused
  • How to spot assumptions hidden in your early thinking

🛠️ Tools and methods

  • Sentence templates to guide your wording
  • Value Proposition Canvas (early reference)
  • Problem–Solution–Benefit format
  • 1-minute test: can someone else explain it back to you?
  • Optional: Use sticky notes or a whiteboard to refine live

🚧 Watch-outs

  • Don’t overcomplicate — aim for clarity, not completeness
  • Avoid buzzwords or overused terms (e.g. “AI for everyone”)
  • Try not to list features — focus on the core idea
  • Don’t worry if it changes later — this is a starting point

🧠 Tips from the field

“You’re not just explaining what it is — you’re starting to shape what it could become.”

— IEN contributor

“Write it like you’d explain it to a friend or colleague, not an investor.”

📚 Helpful links & resources


✍️ Starter templates

Use one of these to begin shaping your idea statement:

Simple starter:

“We’re building [a product/service] that helps [customer] solve [problem] by [how it works].”

Problem-first format:

“Many [type of person] struggle with [pain]. Our idea helps by [solution], leading to [benefit].”

Why-now version:

“With [trend/context] changing how people [do something], our idea provides a better way to [outcome].”

🧩 From here, you’ll move into:


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