For all of you who have an idea but are not sure it will work, or for the ones that are juggling with many ideas and never concretize any 🙂 here is a tool that could help you decide if to go further or not: the Pimento Map
[..] the Pimento Map methodology is a fast, easy and accurate way to evaluate the chances of success of your business model. It gives the opportunity to entrepreneurs, business angels or venture capital firms to build an objective opinion on a new business idea. It also points out in detail where the model can be improved.
The tool was presented on the Tech Startup Day last week, it’s easy of use, the system asks you to answer some questions around a factor, and then shows that slice of pie in Green, Yellow, Orange or Red. Guess what color you should wish to have? Yes, green or yellow are ok, if you get the other ones, you found the weak factor of your idea.
If you are afraid of letting Pimento know about it (yes, the question has been clearly asked), as they said: you are the one filling the description 🙂
So take action, test you Big Idea … and fine tune it if it needs it. I wish you a big success!