If your startup idea cannot be explained in 1 sentence, it
lacks focus. A few words for the business model and a few for the market targeted.
If either of these are not certain, we tend to go into explanation mode which
tends to make the idea statement longer and lacking focus.
Amiloom was one of those ideas which lacked focus. In an
article by the founder, he acknowledges the same – “We believe that Amiloom is
an extremely innovative product better than anything currently available for
helping you meet the people most likely to become a part of your life. Amiloom
is a connected device that forms a network of people with common friends,
shared tastes, and who only need to go as far as the device was handed to meet
up with each other.
The problem is that no one knows this. When you see a
picture of Amiloom you have no idea what it is. In 2 lines of text there is no
way to explain both why and how it works. We have built it and are telling the
world, but no one can hear us, few people understand us, and the masses are not
coming to us.”
Advice – Stop and write your idea statement. If it
does not fit into 1 sentence, you need to think and focus further.
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