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	<title>Comments on: Evaluating Startup Ideas</title>
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	<link>http://blog.stevepoland.com/evaluating-startup-ideas/</link>
	<description>web entrepreneur &#124; obsessed music fan &#124; b-lo forever!</description>
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		<title>By: Tom Sieron</title>
		<link>http://blog.stevepoland.com/evaluating-startup-ideas/comment-page-1/#comment-29058</link>
		<dc:creator>Tom Sieron</dc:creator>
		<pubDate>Thu, 22 Oct 2009 12:47:05 +0000</pubDate>
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		<description>If someone asked me how to evaluate a startup idea I&#039;d advise them to try and answer the following questions about their idea:

1. What’s the real issue? (define domain problem area)
2. What are you trying to accomplish?
3. Who is your customer?
4. What does your customer consider value?
5. What specification must the solution meet? 
6. What are the minimum results required?
7. What are the risks?
8. How are you going to make money?
9. How is the competition in similar fields doing?
10. Which of their current “noncustomers” should you be doing business with?

Usually people think they have the idea all figured out but when it comes to answering the really basic questions they start to discover that their answers are vague and really unspecific.

I find that helping others evaluate their ideas most of the time means forcing them to think harder about their own ideas.


In my opinion all the debt advice, &quot;start small and ugly&quot;, &quot;release often release early&quot; and all the rest of the &quot;Getting Real&quot; type of advice comes after you validate a business idea.</description>
		<content:encoded><![CDATA[<p>If someone asked me how to evaluate a startup idea I&#8217;d advise them to try and answer the following questions about their idea:</p>
<p>1. What’s the real issue? (define domain problem area)<br />
2. What are you trying to accomplish?<br />
3. Who is your customer?<br />
4. What does your customer consider value?<br />
5. What specification must the solution meet?<br />
6. What are the minimum results required?<br />
7. What are the risks?<br />
8. How are you going to make money?<br />
9. How is the competition in similar fields doing?<br />
10. Which of their current “noncustomers” should you be doing business with?</p>
<p>Usually people think they have the idea all figured out but when it comes to answering the really basic questions they start to discover that their answers are vague and really unspecific.</p>
<p>I find that helping others evaluate their ideas most of the time means forcing them to think harder about their own ideas.</p>
<p>In my opinion all the debt advice, &#8220;start small and ugly&#8221;, &#8220;release often release early&#8221; and all the rest of the &#8220;Getting Real&#8221; type of advice comes after you validate a business idea.</p>
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		<title>By: Ben Hallett</title>
		<link>http://blog.stevepoland.com/evaluating-startup-ideas/comment-page-1/#comment-29043</link>
		<dc:creator>Ben Hallett</dc:creator>
		<pubDate>Tue, 20 Oct 2009 21:52:22 +0000</pubDate>
		<guid isPermaLink="false">http://blog.stevepoland.com/?p=620#comment-29043</guid>
		<description>Thanks heaps for your quick reply Steve. Gave me a few things to think about.

I&#039;ll definitely be getting out and talking to some of the people that my ideas might help in the next few days.

Thanks again.</description>
		<content:encoded><![CDATA[<p>Thanks heaps for your quick reply Steve. Gave me a few things to think about.</p>
<p>I&#8217;ll definitely be getting out and talking to some of the people that my ideas might help in the next few days.</p>
<p>Thanks again.</p>
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		<title>By: Coding and Stuff &#187; The entrepreneur</title>
		<link>http://blog.stevepoland.com/evaluating-startup-ideas/comment-page-1/#comment-29042</link>
		<dc:creator>Coding and Stuff &#187; The entrepreneur</dc:creator>
		<pubDate>Tue, 20 Oct 2009 21:49:45 +0000</pubDate>
		<guid isPermaLink="false">http://blog.stevepoland.com/?p=620#comment-29042</guid>
		<description>[...] ideas for a startup. I was stoked to get a reply from Steve really quickly, which he posted on his blogEvaluating ideas — talk to people; tell them your idea; what problem does it solve. Great if it [...]</description>
		<content:encoded><![CDATA[<p>[...] ideas for a startup. I was stoked to get a reply from Steve really quickly, which he posted on his blogEvaluating ideas — talk to people; tell them your idea; what problem does it solve. Great if it [...]</p>
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