IDEA EVALUATION

How to gather startup ideas?

• Observe everyday life problems, research the market, brainstorm ideas with others, and be open to new opportunities.

• Focus only on your own ideas

• Sit and wait for ideas to come naturally

• Read books on business history

How to test a startup idea?

• Run ads on social media

• Participate in networking events

• Conduct market research, validate the problem and solution, evaluate competitors, and gather feedback from potential customers.

• Learn about the history of competing companies

How to evaluate startup ideas?

• Based on the amount of initial investment

• Based on the size of the startup company

• Based on criteria such as feasibility, market potential, competition, and uniqueness of the idea.

• Based on the complexity of the idea

How to measure startup ideas?

• Use numerology

• Use methods such as market research, SWOT analysis, or market testing.

• Randomly choose a method

• Rely on personal intuition

When should you test a startup idea?

• When there is no investment capital

• When the market has been thoroughly researched, the problem to be solved has been identified, and there is a clear plan for implementation.

• When there is no business plan

• When there is no specific idea

What methods can be used to test entrepreneurial ideas?

• Only based on personal experience

• Assess based on personal perception

• Based on uncertain predictions

• Market interviews, market surveys, market research, SWOT analysis, or product/service testing

How to determine the feasibility of a startup idea?

• Based on lucky predictions

• Evaluate based on personal feelings

• No need for analysis, just trust

• Market research, competitive analysis, resource evaluation, and financial potential assessment.

How to evaluate the market potential of a startup idea?

• Read books about the business field

• Participate in social events

• Conduct market research, interview potential customers, and check industry competition.

• Have confidence in the idea without needing to evaluate the market

How to measure the competitiveness of startup ideas?

• Use fortune telling

• Rely on personal intuition

• Use methods such as market research, SWOT analysis, or conduct surveys and interviews with potential customers.

• Seek the opinions of friends

How to evaluate the profit potential of a startup idea?

• Only based on the initial investment capital

• Market analysis, competitive rivals, development potential, and business strategy.

• Evaluate based on personal perception

• No need to analyze the market and competitive rivals