How To Choose Your Startup Idea

http://blog.amirkhella.com/2011/02/16/how-to-choose-your-startup-idea/

by amirkhella • 15 years ago

22 8 15 years ago

blog.amirkhella.com

tptacek• 15 years ago

None of these are wrong or unhelpful, but it's telling that not one of them touches on the market's pain points, a notion of what problems customers are budgeting dollars to solve, or even really a notion of what things people will pay for.

amirkhella• 15 years ago

True. Some problems are not painful enough for people to take out their wallets and pay to solve.

Yet it is the founder's responsibility to make sure the benefits of their ideas are measurable and outlined in a way that makes people take out their wallet and pay ;)

bpeters• 15 years ago

>To me, an idea is a good excuse to go out and talk to customers.

I really like that point. When any idea comes to mind that seems worthy of a possible startup I immediately start to talk to potential customers to get feedback. If I can convince random people to believe in my idea before I even put effort towards it, it is probably worth pursuing.

My favorite test to evaluate my idea is the $20 Starbucks test. http://read.bi/gnVYKv

efields• 15 years ago

Didn't read it. I'm hoping its just a one page site that says, "Be passionate about one idea."

wmboy2• 15 years ago

Yeah, easier said than done though. If you're really an entrepreneur it's pretty darn hard to be passionate about ONE idea!

prawn2• 15 years ago

Exactly my problem. I drop one when I get distracted by another. My list is long too, so there's always something else to get distracted by. Interested to hear how others deal with this?

How To Choose Your Startup Idea

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