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Idea Validation Template — Assess whether your idea is worth pursuing.
Dive deeper by answering insightful questions in the template and expose critical areas of your idea to the surface.
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This has been a side-project for too long, delighted to see someone finally build this.
This is cool! I checked the template. It does not do anything more than ask questions? Or did I miss some functionality?
You are absolutely right, @julianpaul! The template was made to target specific areas in your idea with questions, so that people answer them and find clarity. But there is a chance I didn't make that point that clear. So I've actually added a small tip at the end of the template to give some idea of what to do next. Hope that helps 🙂
Every once in a while, we get brilliant business ideas that we have no clue whether the market or users will be actually willing to pay. So to address that concern, we need to validate the idea, as it helps you to better understand the current market situation and avoid jumping into unnecessary development.
In the template, your idea is divided into 8 crucial areas: Users, Market, Solution, Build, Team, Measure, Research & Iterate. You will be given a few questions to answer in each area, breaking them down as much as possible. The answers don't have to be precise or proven facts, they could be your simple assumptions. The point is to get everything out of the idea you've come up and assess the risks that come with it.
If you find it useful, I'll be more than happy to hear from you 😃
Startup-Investor Fit