Over the past several days, I’ve generated 60+ startup ideas by following my idea generating process I blogged about last week. When I look over my list of ideas I have a lot of “gut feelings” about them. Some of the ideas seem too simple, some seem too complex, some seem dumb, and some seem beyond my skill set. While I think it is important to, at times, trust your gut. I also think it’s important to not throw away an idea before you at least consider its merits.
In today’s post I’ll go over my personal criteria to evaluate each startup idea. Similar to my idea generating process, I created this list of criteria for myself. I designed this list to help me think critically about each of the ideas I generated. I recommend that you take what I’ve written here as a starting point, do some more reading and research, and create your own idea evaluation process tailored to what’s important to you.
Continue reading “Criteria for success (Startup Challenge – Part 2)”