How we picked one startup idea out of 125.

125 to 17

  1. Ideas that we just didn’t feel like working on. Mostly ideas that we don’t think we have a deep knowledge about or ideas that didn’t feel exciting enough.
  2. Ideas that didn’t have a clear problem statement. A clear targeted segment and problem statement makes gives your business a good start. Otherwise you’re more likely to build a solution in search of a problem.

17 to 9

9 to 3

3 to 1

Next steps

  1. Experiment with various distributions channels and see which one gives us the most traction.
  2. Validate our assumption of the customer problem with the messaging in those channels.
  3. Validate the solution with a product demo on our landing page, and measuring conversion.

--

--

--

The only goal is freedom. https://twitter.com/farez

Love podcasts or audiobooks? Learn on the go with our new app.

Recommended from Medium

Convertible Loans: What to Look out For

INSIGHTS #53 — Neeraj Arora on learnings from his Whatsapp journeyDraft2

Why the Answer to Idea vs. Execution Is Both

Zilch raised $80 million, an all-equity Series B that values the company at over $500 million.

How a Virtual Assistant Can Help Your Business — Broken Glass Media

Howla Founders’ Digest — 07.08.2020

What Business Path is Best for You?

In things of Passion never forget Business

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
farez

farez

The only goal is freedom. https://twitter.com/farez

More from Medium

List of YC Companies that started as a Chrome Extension

11 Breath-Taking Shopify Stats: Facts and Figures You Should Know About the eCommerce Behemoth

Using This Google Tool Can Hurt Your Search Rankings…And Other Small Business Tech News This Week

The Tech Bro to Startup Bro Pipeline