Startup Funding Espresso Criteria for a Good Idea
Criteria for a Good Idea Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing. In ideating for a new product, there will be many ideas. Up front consider all ideas and then qualify each one. To judge the ideas consider the following: Put yourself in the place of a customer and ask if you would buy that product. Good ideas come from solving a customer's pain point. Does it solve a real problem that customers will pay money for? Consider what resources are needed to bring it to market. Test out the business model behind the idea to see if it works. It takes substantial time and work to bring an idea to fruition.\xa0\xa0 Are you interested in working on that idea for a substantial amount of time? Does the idea excite you? In fact, do you have a passion for the idea? Do you believe it is not just a solution but it is "the" solution Narrow the list down to three and test out those ideas.\xa0 \xa0 Thank you for joining us for the Startup Funding Espresso where we help startups and investors connect for funding.Let\u2019s go startup something today. _______________________________________________________ For more episodes from Investor Connect, please visit the site at: \xa0 Check out our other podcasts here: \xa0 For Investors check out: \xa0 For Startups check out: \xa0 For eGuides check out: \xa0 For upcoming Events, check out \xa0\xa0 For Feedback please contact info@tencapital.group\xa0\xa0\xa0 Please , share, and leave a review. Music courtesy of .