Startup ideas in your inbox (The Rainforest #1)

Hey 👋

The Rainforest was originally meant to send you an early stage startup-related resource every week, but you know what?

I want to do more.

Every Friday I’m going to send you a fresh startup idea AND a resource to make you improve as a current or aspiring entrepreneur.

The ideas I’m going to share with you come from the INSANE amount of time I spend reading reports and books, listening to podcasts, watching videos, reading from amazing accounts on Twitter and talking with people smarter than me. I hope you’ll find them useful and inspiring.

Now, let’s start with the first ever idea…

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The Problem

• According to a 2019 Canadian study, more than 62% of entrepreneurs admitted to feeling “depressed” at least once a week. 

• And another study in 2015 by researchers at the University of California-San Francisco found that mental-health issues experienced by many entrepreneurs and start-up founders are “raging” and inadequately addressed, with about 50% of the entrepreneurs participating in the study saying they suffered from at least one form of mental-health condition during their lifetime.

The Idea: Mental health app for entrepreneurs

• There’s evidence that entrepreneurs with greater psychological flexibility are, on average, more satisfied.

• But what’s psychological flexibility? It’s made by these 3 abilities:

  • Step back. i. e. mentally withdraw from a situation in order to consider it objectively;

  • Shift perspective, so they can recognise their perspective isn’t the only one;

  • Emphasise values. Help them make decisions based on what they value rather than how they feel.

• Think what Teale is doing, but for entrepreneurs.

The Resource

A Beginner’s Guide to Raising a Seed Round, by Amira Valliani (link)

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Thanks for reading :)

Any feedback is REALLY appreciated.

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✌️

Read you next week, Francesco - @francetisci