Is my idea any f#%!ing good
As mentioned before, we strongly believe ideas are not worthless and you should use time and energy to truly assess, ponder and improve your idea.
Here’s a quick checklist you can use to see if your idea has what it takes to make it fly.
The things listed in the checklist above can help you evaluate all aspects of your idea and hopefully it offers you some perspective on all the things you should consider before hopping on the founder merry-go-round.
However, especially at the idea stage, all companies have tons of flaws. But as an investor, we’re not looking for flaws – every company we have ever invested in has had their flaws, more often more than one. We are interested in your strengths.
As Lady Gaga puts it,
I’ve got one hundred million reasons to walk away,
But baby I just need one good one to stay.
The outliers most often have at least one, exceptional strength, or secret sauce, or superpower – whatever you want to call it. If that’s in place, we can help you fix the rest.
This is the last part of the Icebreaker idea assessment guide. Thanks for reading. The previous parts published in this series are: