Venture Designer

Team: Factory - Venture Design (Full-time)
Location: London, United Kingdom

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    👋 Hey, We're Founders Factory

    Founders Factory is improving the odds of startup success, empowering anyone to impact the world through entrepreneurship.

    We’re changing the venture model, trusting our ability to make a real difference to the companies we invest in. Our platform gives entrepreneurs market access to multi-national corporates, and bespoke operational support from a big and brilliant team. This allows us to do things that don’t scale, tailoring a program to every startup that joins. Letting our startups tap into skills they need but can’t yet access.

    All of this is funded by our corporate partners, but their role is not simply cash. They bring the best bits of their businesses to our startups - validation, distribution, insight and capital. These are ingredients that startups others don’t have, which is why you see startups here that can not exist anywhere else. 

    We’re here so founders who see the future differently get the skills they need to make it a reality. We’re proud to back founders others wouldn’t and we back ourselves to make them successful. We know the biggest impact comes from those that don’t fit the mould so we’ve made Founders Factory their home.

    💪The Opportunity

    We're looking for someone to join our Venture Design team, the team responsible for designing new ventures for our incubator. 

    Venture Design, as we define it, is the process of identifying and forming new business opportunities using human-centred design principles; rather than leaving a startup to be created by chance, venture design allows businesses to be created on demand.

    The team’s primary purpose is to identify a compelling opportunity, and a reasonable means to get a business started. Our venture design process is not about creating an exact business blueprint, as finding product market fit is an exercise in itself. Instead our aim is to give the founding team a foundation to build upon, usually consisting of: 

    An opportunity: Identify market gap and unmet user need or desire.
    A solution: A credible solution hypothesis on how to address that need.
    A go to market approach: Clear differentiating factors and an unfair advantage.

    To put it another way, if Founders Factory made TV shows, the Venture Design team would be responsible for the pilot episode.

    As a Venture Designer, you will be teasing out problems, hypothesising solutions, testing and validating their appeal, and thinking about the commercial foundations for new businesses. This involves rapid experimentation, so we’re looking for individuals who walk the line between product design, product strategy and commercial rigour. 

    It’s likely that you have a curious and creative mind, eager to understand what makes people tick with the ability to apply a commercial lens to everything you do. Start-ups and the tech space in general is probably of deep interest to you; you should love building products that users rave about and working across different projects with lots of competing priorities at pace. You thrive in a startup environment and probably subscribe to lean methodologies and principles of product development.

    To Learn More, Check Out This Link (forgive the old nomenclature, we've just renamed to Venture Design).

    Responsibilities

    • Identifying market trends and opportunities
    • Designing new products and services
    • Shaping product and business strategy
    • Taking big ideas and turning them into concepts that are tangible for stakeholders
    • Conducting early stage qualitative research using methods such as ethnographic studies, qualitative interviews, and experience mapping
    • Workshopping solutions with the wider Factory team
    • Designing business models for early stage concepts
    • Constantly experimenting with new technologies and tools to drive innovation and creativity
    • Presenting new concepts to partners and other stakeholders

    Requirements

    • A deep understanding of what makes a great business
    • A proven track record of taking ideas and bringing them to life across a range of industries
    • Organised with a strong attention to detail and an ability to balance detail with the big picture
    • Exceptional communication and interpersonal skills, both written and verbal
    • Have worked with a variety of products and industries in your career
    • Have solid product / graphic design chops, or be willing to learn
    • Thrive in uncertainty
    • Be a self-starter and comfortable working with little direction or oversight


    📈 Benefits

    We provide all the excitement and freedom of an early stage startup but with the stability and resources of a large organisation. This is your rare chance to contribute across the full business spectrum to become a founder in the future:

    Growth: Work with and meet exceptional talent. Learn faster than you ever have before. Access our large network of investors and customers.
    Autonomy: Freedom to execute, build businesses, not just products.
    Support: marketing, legal, finance, fundraising, growth, business development and recruitment.
    Health and Wellness: Comprehensive extended health care coverage from Vitality.
    Office Space: Desk space in fully-serviced office on High Street Ken with table tennis table, scooters and breakout spaces.
    Office Meals: Catered lunches 2 days a week, unlimited breakfast, healthy snacks, freshly ground coffee and Paul’s Irish Bar.

    We are committed to building a diverse culture and are eager to receive applications from all backgrounds. All applicants will receive consideration for employment without discrimination.

    Please note: we have an overwhelming number of applications and will do our best to get back to you within 72 hours if you fit the bill.

    Could this be you?

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