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Paper Abstract

Prescribe Life Global Health Limited

PrescribeLife is a mental health service and platform designed exclusively to meet the needs of startup founders.

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Problem

The founder journey is hard. Really hard. Many founders suffer with mental health issues and end-up burnt out, anxious and depressed. Tragically, some even attempt suicide. 90% of startups fail and 60% of those failures are attributed to ‘people problems’. This high failure rate affects financial backers, with 75% of venture investments not yielding returns.

Solution

Business Model

USP

Vision

Target Market

Introducing PrescribeLife: a mental health service and platform uniquely designed for founders. At PrescribeLife, we understand the pressures and stressors that come with being a founder because we are founders ourselves. One of our co-founders has personally experienced the journey of founder burnout and knows firsthand what is at stake. With a team of dedicated experts, PrescribeLife provides comprehensive, 360-degree mental health care, tailored to meet the needs of each individual.

B2B2C
A subscription service is available directly to founders, with multiple service tiers to ensure accessibility for all. We also offer strategic partnerships with Venture Capital firms to deliver mental health services to the founders within their portfolio companies. This service, categorised as a business expense, can be paid for by the founder, the VC, or a combination of both.

PrescribeLife operates the only service exclusively for founders, founded and led by mental health experts. We are not a marketplace of therapists; we are a dedicated team of highly experienced doctors and health professionals focused on founder mental health.

To build the world’s leading go-to community and service for founder mental health.

There are tens of millions of active founders globally. PrescribeLife's primary target is motivated founders who are able and willing to invest in their health, well-being and performance. Additionally, we target Venture Capital firms that prioritise the mental health of their portfolio company founders. There are an estimated 5,000+ active Venture Capital firms globally.

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Disclaimer

Investing is a high-risk activity. Foundercentre is a networking platform and in no way solicits or recommends any opportunity presented on our website. All information is for educational purposes only.

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