How are you going to pick the right project worth investing your time? 🔥

Question

My co-founders and I discuss new business ideas on a daily basis.  So, we've created a systematic approach for ourselves to drop unsuitable ideas quickly.

What kind of filter criteria do you guys have for choosing the right idea?

David Gregorian · Accepted Answer

@atulghorpade That's a main requirement for sure. But if you had many different ideas, how would you pick the right one?

Manoj Ranaweera · Answer

I don't. Once in many years, I get an idea. I just implement them. The last one happened due to Covid 19 in 2020. I run solo. So no need for lengthy discussions. But here's the starting process. https://www.skilledup.life/credits/

But I've been building tech companies and helping others do the same since 2004. So I suppose you can treat me as "experienced".

All the best in choosing your idea. By the way, I wrote this https://www.skilledup.life/building-a-tech-startup-step-1-getting-the-idea/ which may be useful.

I'm currently in the process of writing https://www.skilledup.life/docs/building-your-team/

Answer

I recently posted the following in a different thread, food for thought to keep in mind at the same time, one idea definitely helps too! ... :)

How to Focus On One Idea -Instead of chasing every brilliant idea that pops into your head, figure out what you want to be known for and be that. Focus on what your core...
https://www.ramseysolutions.com/business/how-to-focus-on-one-idea

David Gregorian · Answer

Hey @manojranaweera alright, thanks for sharing!

Atul Ghorpade · Answer

@david_gregorian That's difficult question. Can't add anything!

Atul Ghorpade · Answer

If I am maker, then I will check what users need. Problems=More projects.

How are you going to pick the right project worth investing your time? 🔥

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