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How to Identify and Kill Bad Startup Ideas Masquerading As Good Ones
Today, we'll lay out a framework to help you identify and kill bad ideas. It's hard to objectively evaluate your idea early on - this framework helps you rise above your idea to do it effectively. A side-effect is that the framework will help you find and pursue the good ideas.<br /><br />We talk through 1) Finding and Evaluating the Real Risk, 2) Predicting Organic Growth Potential, and 3) Predicting the Likelihood of Converting Early Customers, using a startup idea from a listener as an example. TackleboxKunal Shah Delta 4Dig out of a Hole Idea to Startup Episode - The Four Characteristics of Great Startup Ideas00:25 - Killing Bad Startup Ideas<br />02:00 - The Three Pillars of the Will Your Idea Fail Framework<br />02:45 - The Startup Idea - AI Messaging for Plumbers and Electricians<br />03:15 - Dig out of a Hole Markets link to episode<br />05:56 - Smooth Jazz<br />06:24 - Part 1 - How to Find and Evaluate the Real Risk<br />07:35 - Flipping your biggest risk to your biggest strength<br />11:00 - Decisions aren’t made in a bubble<br />13:45 - Part 2 - Predicting the Organic Growth Potential<br />14:00 - Kunal Shah Delta 4 Scale<br />17:41 - Part 3 - Predicting whether you’ll actually be able to get first customers to convert<br />18:49 Managed by Q