Business idea scorecard

Is your idea easy to start?

Answer 10 honest questions. You'll get a score out of 100, your strengths and risks, and three next steps. Nothing is saved.

01How much money do you need to start?

Under $500$500 to $5,000More than $5,000

02Do you already have the skills to deliver it?

Yes, I could do it todayMostly, I'd need to learn someNo, I'd have to learn from scratch

03Are people already paying for this?

Yes, I can name competitors and buyersSome signs, not sureI haven't seen anyone pay for it

04How painful is the problem you solve?

Urgent, people want it fixed nowNice to haveNot really a problem

05How fast could you land your first paying customer?

Within 2 weeksWithin 2 monthsLonger than 2 months

06Can you reach your first 20 buyers yourself?

Yes, through my network or a channel I knowMaybe, with some effortI don't know where they are

07Will customers buy more than once?

Yes, monthly or recurringOccasionallyOne-time only

08What's your profit on each sale?

High, mostly my time or softwareMediumThin margins

09Does it fit the time you actually have?

Yes, I can start part-timeTight, but doableIt needs full-time from day one

10Would you still work on this after a bad month?

AbsolutelyProbablyHonestly, no

0 / 10 answered

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