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How to Know If Your Startup Idea Is Big Enough to Win

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Manage episode 478727955 series 2852652
Content provided by Interplay. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Interplay or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

How do you determine if your idea is truly worth pursuing? In this week’s episode, we dive into a practical framework that breaks down the evaluation process into four critical components: the pain point, the market size, the defensibility of your product, and how you plan to monetize and scale.

Whether you're just brainstorming or already building, these criteria will help you gut-check your concept and avoid wasting time on ideas that aren’t big - or painful - enough. We also discuss market sizing (TAM/SAM/SOM), moats, and why competitive advantage isn’t always what it seems. This is a must-listen for any founder looking to go from “cool idea” to real business.

Links:


Chapter Markers:

00:00 – Intro: Why Idea Validation Is So Hard

02:00 – The Real Question: Do You Have a Big Idea?

03:00 – The 4-Part Framework for Validating an Idea

03:45 – Step 1: Pain Point – Is This a Must-Have?

06:00 – Step 2: Market Size – TAM, SAM, SOM Explained

09:40 – Step 3: Product – Is It Defensible?

12:10 – Step 4: Monetization – Can It Scale?

15:10 – Final Thoughts: Gut-Check Your Idea

16:30 – Outro: Still Learning After Decades in the Game

  continue reading

140 episodes

Artwork
iconShare
 
Manage episode 478727955 series 2852652
Content provided by Interplay. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Interplay or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

How do you determine if your idea is truly worth pursuing? In this week’s episode, we dive into a practical framework that breaks down the evaluation process into four critical components: the pain point, the market size, the defensibility of your product, and how you plan to monetize and scale.

Whether you're just brainstorming or already building, these criteria will help you gut-check your concept and avoid wasting time on ideas that aren’t big - or painful - enough. We also discuss market sizing (TAM/SAM/SOM), moats, and why competitive advantage isn’t always what it seems. This is a must-listen for any founder looking to go from “cool idea” to real business.

Links:


Chapter Markers:

00:00 – Intro: Why Idea Validation Is So Hard

02:00 – The Real Question: Do You Have a Big Idea?

03:00 – The 4-Part Framework for Validating an Idea

03:45 – Step 1: Pain Point – Is This a Must-Have?

06:00 – Step 2: Market Size – TAM, SAM, SOM Explained

09:40 – Step 3: Product – Is It Defensible?

12:10 – Step 4: Monetization – Can It Scale?

15:10 – Final Thoughts: Gut-Check Your Idea

16:30 – Outro: Still Learning After Decades in the Game

  continue reading

140 episodes

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