Bonus ποΈββοΈ - A simple tool to assess your business idea
π― Assess your business idea
In Tip #3, weβve seen how to simply explain our business ideas.
Now, what if we told you weβve created a very simple table to assess your idea?
π― A simple tool to assess your business idea
Letβs play a game.
π Grant each of the following questions points (1 to 5)
If your idea is below 24/40 points, perhaps you shouldn't go for this one...
The problem I'm trying to solve seems big and recognized β¦β¦β¦β¦β¦β¦β¦β¦β¦β¦β¦β¦
My solution is innovative / disruptive β¦β¦β¦β¦β¦β¦β¦β¦β¦β¦β¦β¦β¦β¦β¦β¦β¦β¦β¦β¦β¦β¦β¦β¦β¦β¦
My market seems large β¦β¦β¦β¦β¦β¦β¦β¦β¦β¦β¦β¦β¦β¦β¦β¦β¦β¦β¦β¦β¦β¦β¦β¦β¦β¦β¦β¦β¦β¦β¦β¦β¦β¦β¦.
My solution is scalable (the more I produce, the more I reduce my costs) β¦β¦.
My solution seems cheap to createβ¦β¦β¦β¦β¦β¦β¦β¦β¦β¦β¦β¦β¦β¦β¦β¦β¦β¦β¦β¦β¦β¦β¦β¦β¦β¦β¦β¦
Now is the right time to do it (personal timing, big trends today...) β¦β¦β¦β¦β¦β¦.
I'll join a dynamic and attractive industry β¦β¦β¦β¦β¦β¦β¦β¦β¦β¦β¦β¦β¦β¦β¦β¦β¦β¦β¦β¦β¦β¦β¦
I really like my idea β¦β¦β¦β¦β¦β¦β¦β¦β¦β¦β¦β¦β¦β¦β¦β¦β¦β¦β¦β¦β¦β¦β¦β¦β¦β¦β¦β¦β¦β¦β¦β¦β¦β¦β¦β¦β¦..
TOTAL β¦β¦β¦β¦β¦β¦β¦β¦β¦β¦β¦β¦β¦β¦β¦β¦β¦β¦β¦β¦β¦β¦β¦β¦β¦β¦β¦β¦β¦β¦β¦β¦β¦β¦β¦β¦β¦β¦β¦β¦β¦β¦β¦XX
Your idea passed the validation test? You're motivated? What am I saying? You're ON FIRE! π₯
Muchachas, muchachos, muy bien! I'm already looking forward to Tip 4!
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See you next week guys π€
Nico, Marie, Raquel