Calculate the precise monetary value of your startup idea.
First provide some info about your idea.
Describe your idea in 140 characters.
To which of the following successful startups do you compare your idea?
What is the Total Addressable Market (TAM) for your idea? (units: $B)
A few more questions...
What was the inspiration for your idea?
It came in a dream or in the shower.
Scratching my own itch (solving a problem for myself).
Week-long brainstorming sessions with co-founders.
I stole it from muscular twins.
Something Mark Cuban said on Sharktank.
Which technology trends does your idea include?
Internet of things
NoSQL, MongoDB or Hadoop
Which best describes your intellectual property?
I have multiple patents approved.
I have one patent approved and others pending.
I am still filing my patents, but I have registered a trademark.
Last two questions...
Which best describes your team?
Stanford, MIT, Google and Facebook resumes.
This is the second startup of the team that made the cat/cheezburger memes.
Ever heard of SEAL Team Six?
We either work fulltime in retail or live at our mom's house (or both).
Who has provided positive feedback on your idea?
Mom and/or spouse
Business plan competition
Angel investor or VC
Contractor trying to sell me something
Sit tight while the Bayesian algorithms work their magic...
The precise monetary value of your startup idea is...
Seriously. Ideas are worthless and execution is everything.
The good news is that you can turn your idea into a valuable business. It starts with solving a real problem for real people (it's harder than it sounds).
Need help figuring out the next step? Let's talk. Just type your email in the box.
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