
So, you want to be a CEO?
I used to post here occasionally with business advice. But it turns out most of you in this sub have a dream, but seemingly no execution. You want to be rich sure, but without understanding what it takes to be a founder, run a startup, create a team around an idea and a strategy, and push them to their limits without burning them out, to win in a market that's never heard of you - not to mention the pressures on your personal life.
So, I'm going to post a new game called, "So, You Want to Be A CEO?"
The game:
- Each week I will post a reasonably complex challenge that a startup founder has to overcome, between inception of the company until it goes bust or series A.
- You respond with your best course of action - that is, what would you do in the situation provided?
- YOU DON’T HAVE TO DO THE WORK!
The rules:
- One response per person
- Your upvotes are your score for the week
- I will track them in the OP
- Scores are calculated on the Friday of that week
- You must answer the prompt completely, if you don't you lose half your points earned that week.
- ChatGPT is allowed, but it may not provide sufficient advice to win the game
Prompt 1: "Boomerang"
You are an HR executive turned entrepreneur. You have identified a significant issue: professionals over the age of 55 are struggling to re-enter the workforce and you also believe corporations are missing out on a wealth of institutional knowledge in retirement. You believe you can help solve this problem by creating Boomerang, a platform dedicated to empowering these individuals and corporate partners by connecting them with the best candidates aged 55 and older.
Objective: Your goal is to validate your concept, develop a Minimum Viable Product (MVP), and balance your personal responsibilities while laying the foundation for Boomerang’s success.
This Week's Key Challenges and Decisions:
1. Market Research
- Challenge 1: You need to validate the market need for Boomerang. This involves understanding the pain points of older job seekers and potential employers.
- This will take 4 days (non-sequential)
- How do you get started?
2. Developing an MVP
- Challenge 2: With limited resources, you need to create an MVP that effectively demonstrates Boomerang’s value.
- This will take 2 days.
- Can be combined with other challenges.
- How do you get started?
3. Dealing with Personal Health Issues
- Challenge 3: Your doctor mentioned your bloodwork is irregular, but can't pinpoint the cause. They recommend you see a specialist before Friday.
- This will take 1 day.
Give it a shot! There's no right answer, just answer what your plan to do and try to optimize the use of your time to the best of your ability.
EDIT:
Scoreboard (I realize now the top post generally gets the most upvotes, so I may change the points system):
- u/conscious_border3019 - 22
- u/inBoulderForSummer - 4
- u/that_whey-or-the-lee - 3
- u/AgencySaas - 3
- u/Gold-Ad-8211 - 2
- u/93024662 - 2
- u/DeusExBam - 2
- u/njm19920 - 2
- u/SilentEconomist9265 - 2
- u/ai_servant - 2
- u/Background-Term2759 - 2
- u/Insane_squirrel - 2
- u/kiss_thechef - 2
- u/codeyman2 - 2
- u/Xentoxus - 2
- u/Long_Complex_4395 - 2
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