Validate Your Startup Idea With The 7+1 Model

“Listen, I have this new business idea. It’s going to be great!”.

How to single out the best project in a crowd of unproven, recordless wantrepreneurs ?

Acknowledgment

A framework: the 7+1 model

How to assess a start-up project | The 7+1 model

#1. A large pain point in the marketplace

A large pain point in the marketplace

#2. A superior solution to the particular pain point

A superior solution to the pain point

#3. A profitable way to apply your solution to the problem

A profitable model to apply your solution to the problem

#4. A team that can implement the business plan

A team that can implement the business plan

#5. An answer to “Why now ?”

An answer to “Why now ?”

#6. A business that can expand easily and for cheap

A business that can expand easily and for cheap

#7. A high return for a low investment

A high return for a low investment

Conclusion

The right team and timing to apply profitable, scalable, capital-efficient, superior solutions to large pain points in the market.

How to assess a start-up project | The 7+1 model

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