How One Sentence Can Make or Break an Entrepreneur

A “needs statement” is the core element and guiding force for such an innovative endeavor, says Stanford Professor Paul Yock. 

 

Japanese woman introduces a new robot.

Even in the 21st century, where advanced technology is commonplace and breakthroughs appear on an almost daily basis, fulfilling healthcare and other needs remains difficult. In the United States alone, 75,000 deaths occur each year due to the ineffective or inefficient delivery of healthcare. Meanwhile, in other parts of the world, just meeting the basics of healthcare like prenatal care or vaccination, seems nearly impossible.

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