Entrepreneur In-House - The Greenhouse Startup Studio

Chalhoub Group

Dubai, UAE

Ref: GP285-2705

Job description / Role

Employment: Full Time

Who we are

We are a Startup Studio building what the world needs next. We aim to achieve it by experimenting rapidly, uniting bold founders, and investing in the unpredictable. We're hackers, persistently discovering how to create things people desire. We co-create and launch traction-heavy ventures. By doing so, we generate repeatable paths and reduce the risk required to create such outcome. We act as a co-founder alongside our entrepreneurs and bring on the table production capabilities, experience and pretty much everything a startup needs to grow fast. We raised a fund to build 10 startups a year for the next 10 years, investing from pre-seed to series A.

We are backed by Chalhoub Group, a leading family business in the world of luxury lifestyle for over 65 years and a certified #GreatPlaceToWork with more than 12,000 people in 14 countries managing 300+ brands and 680+ retail stores. We sit in The Greenhouse, our Innovation hub, housing our Startup Studio as well as our Retail Tech Accelerator and Brand Incubation Programs. It's a space dedicated for using lean startups methodologies with an aim to create new business models, categories and markets.

What you will be doing:

You are on a mission to crack the Mental wellness industry!

You will first join us as an Entrepreneur in-house for a period of 2 months where we will explore together business ideas based on users' pain points, design a solution, prototype and shadow launch the new model.

Using data-driven evidence, we will iterate our solution until we have validated a strong value proposition and early market traction. When successful, we will build a new venture together that you will lead as CEO (responsible for the growth of the company) or COO (responsible for delivering the best experience to users) and we, the studio as CSO (Chief Success Officer, bringing with our team everything else you'll need).

Our Studio's fund will finance the first stages of the startup (up to series A) following market practices. We'll work together to scale it until early acquisition or major external funding.

What we are exploring right now is the importance of mental wellness and it became quite obvious during the pandemic, it's moving far beyond the psychiatrist's couch. It's a new ecosystem that sees individuals relying on a wider range of tools to combat modern-day issues such as burnout, loneliness and anxiety, on top of traditional medical frameworks available. The World Health Organization estimates that 25% of people will be affected by mental issues at some point in their lives, with roughly 450 million individuals currently struggling with such conditions. Unfortunately, nearly two-thirds of them never seek help from a wellness professional. The biggest barriers remain stigma, time, cost, and availability. Mental wellness tech will move into the mainstream as cultural norms continue to shift. Millennials' embrace of convenient treatment, as well as interest in self-care, will transform how the industry behaves. The behavioral wellness software market is projected to reach $2.31 billion by 2022, growing 14.8% annually. We envision a world where technology takes care of people, helps them feel better and empowers them to become the person they want to be. Join us to build the next Mental Wellness Unicorn.

Requirements

What you'll need to succeed

- You are an experienced founder or have a similar experience as a builder within the startup scene
- You have a deep connection with the Wellness ecosystem
- You are on a mission to crack the Mental wellness industry
- You are passionate about problem solving
- You care about building a strong community and can resonate with them
- You are a fast learner and are not afraid to make mistakes
- You are able to execute at speed while keeping the big picture in mind
- You are excited about learning new things autonomously and you are even more passionate about sharing these with others
- You are dedicated and hardworking

About the Company

The Chalhoub Group is the leading partner for luxury across the Middle East since 1955. As an expert in retail, distribution and marketing services based in Dubai, the group has become a major player in the fashion, beauty and gift sectors regionally.

By blending its Middle East expertise and intimate knowledge of luxury, Chalhoub Group is building brands in the region, by offering service excellence to all its partners and a unique experience to its customers through its passionate teams.

With a growing workforce of more than 9,000 people, implemented in 14 countries, as well as the operating of over 470 retail outlets, the group's success is attributed to its most valued asset of highly skilled and dedicated teams. Professionalism and passion are what fuel the Chalhoub Group's competitive edge in today's market.

By being committed to implementing sustainable practices into their business, the Chalhoub Group has been awarded in 2013 the CSR Label from the Dubai Chamber of Commerce.

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