Idea Quiz

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ASSESS YOUR IDEA

Do you have a sound Business Idea?

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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