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ASSESS YOUR IDEA
Do you have a sound
Business Idea
?
*
Indicates required field
Name
*
Email
*
1. IDEA
a. Can you kill the idea if you try?
*
Yes
No
Maybe
2. FUNDING
a. Do you have enough financial backing to design, build, test and market?
*
Yes
No
Maybe
b. How far will your money take you?
*
No money
First Year
Second Year
Third Year
c. Do you have a realistic capital requirement?
*
Yes
No
d. Is there a compelling exit strategy?
*
Yes
No
e. Are investors interested in the industry?
*
Yes
No
Maybe
Don't know
3. PRODUCT
a. Is there something that distinguishes your product/service?
*
Yes
No
b. Does the world need your product?
*
Yes
No
Maybe
c. Do I have an innovative product/service?
*
Yes
No
d. Are there any products/services that are better?
*
Yes
No
e. Does this product/service solve a real problem?
*
Yes
No
4. MARKET
a. Are there strong barriers to entry?
*
Yes
No
b. Do I have a marketing plan or idea?
*
Yes
No
c. Is the market ready?
*
Yes
No
Maybe
d. Is the cost of customer acquisition low or competitive within market?
*
Yes
No
e. Does the market have money?
*
Yes
No
5. BUSINESS MODEL
a. Do I have a real, scalable business model?
*
Yes
No
b. Is the team compensated for the foreseeable future?
*
Yes
No
c. Is the talent affordable and available?
*
Yes
No
d. Does the team works well together?
*
Yes
No
SUBMIT
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