Advice on moving forward with ideas

[atacelestina]

Hi Everyone,

I joined the forum not too long ago, and began looking for ideas. I opened my mind to finding any frustrations in my life or frustrations others experienced to see if I can find an idea. I found a few of them and need advice on moving on to the next step. Has anyone had trouble figuring out which idea to pursue first? I am struggling with choosing which idea i should pursue, and keep doubting myself on what ifs, what if the other idea is better, or will it work. I know that shouldn't be the way to think as we don't know, since market will tell us if it is. Would I need to just pick one, jump ship, and if it fails, move on to the next one? I have always struggled with this, sticking with an idea because I am always focused on the what ifs. I want to change that.

Thank you for any advice,

 

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[Rawseed]

Considering prioritizing them based where you have the most domain experience.

The more you already know about the problem, the faster you'll find a solution for it.

Or prioritize based on the number of people with the frustration/problem.

A large market can be profitable and motivating.

If that doesn't help,
Write each idea on a piece of paper.
Put them in a hat.
Shake it up.
Pick one at random.
Then get to work.

Ideas are cheap. Execution is everything.

 

[atacelestina]

T

Considering prioritizing them based where you have the most domain experience.

The more you already know about the problem, the faster you'll find a solution for it.

Or prioritize based on the number of people with the frustration/problem.

A large market can be profitable and motivating.

If that doesn't help,
Write each idea on a piece of paper.
Put them in a hat.
Shake it up.
Pick one at random.
Then get to work.

Ideas are cheap. Execution is everything.

Thanks for the great advice. I have to keep reminding myself that an idea will always be just an idea until I start executing it.

 

[Andreas Thiel]

Well, you can always go forward with an idea in stages.
A feasibility study ... or maybe just thought experiments that expose obvious challenges which you will encounter is a first filter ... another is a properly executed validation phase (to test your assumptions regarding demand).

There is a commendable "just do it" attitude here, but many successful people think it is lazy and dangerous to skip product validation / testing assumptions.

Just make sure you don't bury ideas because of a gut feeling ... meaning without hard data.

 

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[atacelestina]

Well, you can always go forward with an idea in stages.
A feasibility study ... or maybe just thought experiments that expose obvious challenges which you will encounter is a first filter ... another is a properly executed validation phase (to test your assumptions regarding demand).

There is a commendable "just do it" attitude here, but many successful people think it is lazy and dangerous to skip product validation / testing assumptions.

Just make sure you don't bury ideas because of a gut feeling ... meaning without hard data.

Thanks @Andreas Thiel . I agree that validating a product and having all the information necessary is important before moving forward with an idea.