Thursday, June 19, 2008

How to Evaluate a New Product Idea

Source: http://evhead.com/2007/12/how-to-evaluate-new-product-idea.asp

Key Points
  • Should be very easy to launch V1.0
  • Shouldn't be obviously a great business
  • Should be obvious that people will use it
  • How much value can it ultimately deliver
  • How many people will ultimately use it [Not the most critical requirement though]
  • How will people know about your product [Need not be viral]
  • How hard will it be to extract money [Need not be obvious upfront]
  • Do YOU really want this idea to exist in the world
I will try and analyze a few startups on these parameters and see how well do they perform.

Monday, June 16, 2008

Tuesday, June 10, 2008

David Heinemeier Hansson at Startup School 08

David Heinemeier Hansson, creator of the Ruby on Rails framework and Partner at 37Signals gives insight into creating a profitable startup company.

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Tuesday, June 3, 2008

Mukul Singhal