Ethiopia - Business creation project

Describe your project or startup in a few words

Paypermint connects users with experts and celebrities for personalized advice through text, audio, and video calls. Our flexible pay-per-text and pay-per-minute models make accessing expert guidance easy, affordable, and convenient.

01.01 Describe your project in more detail

Paypermint is an innovative platform designed to bridge the gap between individuals seeking expert advice and professionals across various fields. Unlike traditional consultancy services, Paypermint offers a flexible pay-per-text and pay-per-minute model, allowing users to choose how they receive advice—whether through quick text responses, audio messages, or one-on-one video consultations. Our platform caters to diverse communication preferences, ensuring accessibility and convenience for all users. Experts from industries like business, finance, technology, and wellness can create profiles, set their rates, and provide guidance to users worldwide. Users can easily search for experts, schedule appointments, make secure payments, and rate their experiences, ensuring transparency and quality service. Our goal is to democratize access to expertise, making it affordable and convenient for everyone to get the guidance they need to succeed.

01.02 What is the main problem you are trying to solve?

The main problem Paypermint addresses is the limited and often costly access to expert advice and guidance. Traditional consultancy services can be expensive, time-consuming, and geographically restrictive, making it difficult for individuals and small businesses to get the help they need. This is especially true in regions with limited access to specialized knowledge and professional networks. Additionally, the inflexibility of traditional services does not cater to the varied preferences of users who may need quick answers or detailed consultations. Paypermint solves this by offering a flexible pay-per-text and pay-per-minute model, allowing users to access expert advice in a way that suits their needs and budget. By providing multiple communication options—text, audio, and video calls—we make it easier for users to connect with experts anytime, anywhere, thus helping users make informed decisions in their personal and professional lives.

01.03 Tell us the major benefits and/or advantages of using the product/service that your project intends to provide (at least 3).

Flexibility and Convenience: Paypermint offers a variety of communication options—text, audio, and video calls—allowing users to choose the method that best suits their needs. This flexibility means users can get quick answers on the go or schedule in-depth consultations at their convenience, making expert advice more accessible than ever. Affordability: The pay-per-text and pay-per-minute models provide a cost-effective solution for accessing expert advice. Users only pay for the advice they need, without the high costs typically associated with traditional consultancy services. This makes professional guidance affordable for individuals and small businesses alike. Wide Range of Expertise: Paypermint connects users with a diverse pool of experts across various fields, including business, finance, technology, and wellness. This broad range of expertise ensures that users can find the right professional to help with their specific needs, no matter how specialized or unique.

01.04 Please describe who exactly your project is aimed at serving. Who are the targeted beneficiaries?

Paypermint is aimed at serving a wide range of individuals and small businesses seeking expert advice and guidance. Our primary beneficiaries include: Entrepreneurs and Startups: Individuals looking to start or grow their businesses can access expert advice on various aspects like marketing, finance, and strategy without incurring high consultancy fees. Students and Professionals: Those seeking career advice, skill development, or academic guidance can connect with experts and mentors to help them achieve their goals. Small Business Owners: Owners of small and medium-sized enterprises can get affordable, on-demand advice on managing and scaling their businesses. Individuals Seeking Personal Development: People looking for guidance on personal finance, wellness, or lifestyle improvements can easily connect with professionals in these fields.

01.05 When did you start working on your project?

2024-03-01

01.06 How many other partners are associated with your business venture?

1

01.07 Among the other partners, how many are female?

1

01.08 Please describe the profile of each of the other partners (skills, experience, etc.)

My partner, Bezawit, is a skilled software engineering student and experienced marketer. She possesses a robust technical background in software development, which enables her to contribute effectively to the design and functionality of the Paypermint app. Beyond her technical skills, Bezawit has gained valuable experience in marketing through her work with various companies, where she played a pivotal role in developing and executing successful marketing strategies and campaigns. Her professional journey also includes experience in event organizing, where she honed her skills in project management and coordination. Her diverse skill set in technology, marketing, and event organization makes her a versatile and invaluable member of our team.

01.09 If you have a website, a social media page (Facebook, Instagram, Linkedin…), or app, please provide the link here:

01.10 Which industry best describes your project?

h) IT (digital services, equipment and software)

02.01.01 My project contributes to the No poverty goal

6

02.01.02 No poverty - Justification

Paypermint provides affordable and accessible expert advice and guidance to a wide range of users, including entrepreneurs and small businesses. While the primary focus is not directly on poverty alleviation, by empowering individuals and small businesses with the knowledge and resources they need to succeed, Paypermint indirectly contributes to economic growth and job creation. This, in turn, can help reduce poverty by fostering entrepreneurship and supporting small businesses, which are key drivers of employment and economic stability in many communities. Additionally, the flexible pay-per-use model makes high-quality advice more accessible to those who might not be able to afford traditional consulting services, thereby supporting economic empowerment at a grassroots level

02.02.01 My project contributes to the Zero hunger goal

2

02.02.02 Zero hunger - Justification

02.03.01 My project contributes to the Good health and well-being goal

3

02.03.02 Good health and well-being - Justification

02.04.01 My project contributes to the Quality education goal

7 - Strongly Agree

02.04.02 Quality education - Justification

Paypermint provides a platform that democratizes access to expert advice and knowledge across various fields, fostering lifelong learning opportunities for all. By connecting users with experts in business strategy, finance, technology, and personal development, Paypermint promotes inclusive and equitable quality education. The pay-per-text and pay-per-minute models ensure that users can access valuable educational resources and guidance at an affordable rate, making high-quality education more accessible to a broader audience. This supports continuous learning and skill enhancement, contributing significantly to the goal of quality education.

02.05.01 My project contributes to the Gender equality goal

6

02.05.02 Gender equality - Justification

Paypermint empowers women and girls by providing them with easy access to expert advice and resources, which can help them in their personal and professional development. The platform's inclusive nature ensures that women can gain the knowledge and skills needed to succeed in various fields, breaking down barriers to entry and promoting gender equality. By supporting female entrepreneurs, professionals, and students, Paypermint fosters an environment where women can thrive, thus contributing to gender equality and the empowerment of all women and girls.

02.06.01 My project contributes to the Clean water and sanitation goal

2

02.06.02 Clean water and sanitation - Justification

02.07.01 My project contributes to the Affordable and clean energy goal

2

02.07.02 Affordable and clean energy - Justification

02.08.01 My project contributes to the Decent work and economic growth

7 - Strongly Agree

02.08.02 Decent work and economic growth - Justification

Paypermint promotes sustained and inclusive economic growth by enabling users to access expert advice that can improve their business practices, enhance their skills, and boost their productivity. The platform supports entrepreneurs and small businesses, which are vital for job creation and economic stability. By providing affordable and flexible access to expert knowledge, Paypermint helps users make informed decisions, thereby fostering decent work conditions and promoting economic growth. This aligns with the goal of providing full and productive employment opportunities for all.

02.09.01 My project contributes to the Industry innovation and infrastructure

6

02.09.02 Industry innovation and infrastructure - Justification

Paypermint contributes to industry innovation by offering a unique platform that leverages technology to provide expert advice on-demand. This fosters a culture of innovation by enabling users to access the knowledge needed to develop new ideas and improve their business practices. The platform also supports the development of resilient infrastructure by promoting digital solutions and connectivity. By encouraging sustainable industrialization through access to expert guidance, Paypermint plays a crucial role in driving industry innovation and infrastructure development.

02.10.01 My project contributes to the Reduced inequalities goal

6

02.10.02 Reduced inequalities - Justification

Paypermint reduces inequalities by democratizing access to expert advice and knowledge, regardless of geographical location, economic status, or social background. By offering flexible pay-per-use models, the platform ensures that high-quality guidance is affordable and accessible to a wider audience, including those in underserved and marginalized communities. This helps bridge the knowledge gap and provides opportunities for economic and personal development, contributing to a reduction in inequalities within and among countries.

02.11.01 My project contributes to the Sustainable cities and communities goal

5

02.11.02 Sustainable cities and communities - Justification

Paypermint contributes to sustainable cities and communities by providing resources and expert advice that can help individuals and businesses thrive in urban settings. By supporting local entrepreneurs and small businesses, the platform fosters economic growth and job creation, which are essential for sustainable urban development. Additionally, by promoting digital solutions and remote access to expertise, Paypermint supports the resilience and sustainability of urban communities, making cities more inclusive and capable of withstanding economic fluctuations.

02.12.01 My project contributes to the Responsible consumption and production goal

2

02.12.02 Responsible consumption and production - Justification

02.13.01 My project contributes to the Climate action goal

2

02.13.02 Climate action - Justification

02.14.01 My project contributes to the Life below water goal

2

02.14.02 Life below water - Justification

02.15.01 My project contributes to the Life on land goal

2

02.15.02 Life on land - Justification

02.16.01 My project contributes to the Peace justice and strong institutions goal

4

02.16.02 Peace justice and strong institutions - Justification

02.17.01 My project contributes to the Partnerships for the goal

7 - Strongly Agree

02.17.02 Partnerships for the goal - Justification

Paypermint strengthens partnerships by creating a global network of experts and users who collaborate and share knowledge across various fields. By connecting individuals and businesses with experts worldwide, the platform fosters international cooperation and knowledge exchange, enhancing the means of implementation for sustainable development. This global partnership promotes the sharing of best practices and innovative solutions, contributing to the revitalization of the Global Partnership for Sustainable Development.

05.01 There are a large number of customers who already use a product/service very similar to the product/service we envision creating.

3

05.02 The product/service we envision creating represents an entirely new type of product/service.

5

05.03 The product/service we envision creating could be described as a new technology.

4

05.04 The product/service we envision creating is an improvement on an existing product or service.

6

05.05 The product/service we envision creating could be described as an extension of a range of products or services.

5

05.06 The product/service we envision creating responds to a demand or need that has not been satisfied by other products/services.

6

05.07 The product/service we envision creating is a new version of an old product/service.

5

05.08 Justification

Paypermint stands out by offering a unique combination of flexible pay-per-text and pay-per-minute models, which are not widely available in the current market. This innovative approach makes high-quality expert advice accessible and affordable, addressing a demand for personalized and on-demand guidance that existing services do not fully satisfy. The platform leverages modern technology to provide a seamless user experience, which includes real-time connection with experts through text, audio, and video calls. This combination of features represents an improvement over traditional consulting services and meets a specific need for flexible, affordable, and accessible expert advice.

05.09 Who are your main potential competitors and what makes you stand out from them?

Potential competitors include traditional consulting firms, online freelance platforms like Upwork and Fiverr, and expert networks such as Clarity.fm. Paypermint stands out by offering a more flexible and affordable pay-per-use model, making expert advice accessible to a broader audience. Unlike traditional firms that require significant time and financial commitments, and freelance platforms that may not guarantee expertise, Paypermint ensures quality through vetted experts and immediate access. Additionally, the platform's focus on multiple communication methods (text, audio, video) provides users with versatile and convenient options for engaging with experts.

10.06 Are you initiating actions within your community to promote the role of female entrepreneurs?

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