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So you have an idea about a business, you've read the books but you are still somewhat unclear on knowing how to move forward to validation IRL.
I enhanced this with AI because AI does great at the extra context. This rubric includes common Areas of Interest when evaluating raw ideas to pursue, and incorporates MJ's CENTS framework.
Note that Demand and need vs want are not the same. Something can be in demand but still a luxury or short term arbitrage opportunity. (fidget spinners, Hermes bags)
*This doesn't mean that every opportunity that scores low is bad or non-viable, especially if it's your first business*
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Drop your idea and it's score below if you want feedback from the forum.
I enhanced this with AI because AI does great at the extra context. This rubric includes common Areas of Interest when evaluating raw ideas to pursue, and incorporates MJ's CENTS framework.
Note that Demand and need vs want are not the same. Something can be in demand but still a luxury or short term arbitrage opportunity. (fidget spinners, Hermes bags)
*This doesn't mean that every opportunity that scores low is bad or non-viable, especially if it's your first business*
____
Idea Evaluation Rubric (CENTS + Key Business Factors)
1. Market Demand (Are people actively looking for this?)[/HEADING]- 3 – High demand, strong market interest, people searching for solutions.
- 2 – Some demand, but not a mass market need.
- 1 – Low demand, requires convincing or education.
- 3 – Essential or pain-point driven, people must have it.
- 2 – Helpful but not urgent, can live without it.
- 1 – Pure luxury or trend-based, non-essential.
- 3 – High-margin, solvent customers, pricing power.
- 2 – Decent profit potential, but some pricing pressure.
- 1 – Low-margin or price-sensitive customers.
- 3 – No major bottlenecks, can scale with minimal added cost.
- 2 – Some scalability, but with constraints (e.g., location-based).
- 1 – Heavily restricted, tied to time or direct labor.
- 3 – Unique offer, strong market position.
- 2 – Some differentiation but a competitive space.
- 1 – No real edge, easily copied.
- 3 – Simple, low-cost startup, easy to test.
- 2 – Moderate complexity, requires some resources.
- 1 – Expensive, slow, or operationally difficult.
- 3 – Highly automated, can run with little involvement.
- 2 – Some automation, but still requires effort.
- 1 – Manual, dependent on direct time/work.
- 3 – Full control (pricing, distribution, customer relationships).
- 2 – Some control, but reliant on external platforms (e.g., Amazon, Instagram).
- 1 – No control, at the mercy of another company’s rules (e.g., selling in someone else’s store).
- 3 – Can be sold, doesn’t depend on the owner.
- 2 – Some transferability, but requires new ownership effort.
- 1 – Fully dependent on the owner’s personal work/brand.
- 3 – High barrier to entry (patents, proprietary knowledge, capital-intensive).
- 2 – Some barriers, but still replicable.
- 1 – Low barrier, easy for new competitors to enter.
Scoring
Each category scores 1 to 3.- 25+ → Strong business idea, scalable, profitable, and fits CENTS.
- 20-24 → Good idea, but may need stronger differentiation, control, or leverage.
- Below 20 → Limited scalability, profitability, or long-term viability
Drop your idea and it's score below if you want feedback from the forum.
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