Evaluate Your Idea
Email *
Is the idea a painkiller or a vitamin? That is, does the idea address users' needs or emotions? *
does NOT solve users' functional or emotional needs
solves users' problem or addresses users' emotional needs
Please explain
Is the idea easy to monetize? *
You should NOT ask potential users if they would pay for the product. Instead, you should say ask users to vote with their wallets by asking for cash or reserving a purchase on the spot.
nothing comes to mind
users are willing to pay or there are many ways to generate revenue
Is the idea simple and easy to describe? *
"That's been one of my mantras - focus and simplicity. Simple can be harder than complex. You have to work hard to your thinking clean to make it simple. But it's worth it in the end because once you get there, you can move mountains." -Steve Jobs
I need at least 5 minutes to explain the idea
I can explain the idea in 10 seconds or less.
Is the idea personally relevant? Are you or is someone close you to connected to the idea or the related problem? *
I am NOT personally connected to the idea, and I do NOT know anyone connected to the idea or related problem.
I care deeply about the idea, or I am personally connected to users who could use the idea or identify with the related problem.
Do you have follow through for the idea? *
Link to read up more on market sizing: http://bit.ly/1VqJSGZ
The market is small, and there are NO ways of diversifying my idea over existing competitors.
The market is large, and there are MANY ways of diversifying my idea from competitors.
What is your LOWER estimate for the size of the market in your country? *
What is your UPPER estimate for the market in your country? *
Do you have legitimate secret sauce? *
Secret sauce might include patents, technology, or talent.
There is no secret sauce for the idea and others could easily replicate the idea.
There is some secret sauce to the idea and few could copy the idea.
G-Drive link of Your Evaluation DOC .
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