The Quick Study Card helps you avoid directional mistakes by conducting a brief research study, best before pursuing your idea. It prompts you to consider assumptions, explore existing solutions, anticipate negative criticism, and determine the next steps for learning more about your idea.
Step1: Identify Assumptions
Write a sentence or two about your idea's assumption of a perfect world, focusing on why people need it and its functionality.
Step 2: Explore Existing Solutions
Research online to find similar products or services in the market. Take note of leading ones and compare them to your idea to identify differences.
Step 3: Anticipate Criticism
Consider potential negative feedback to uncover flaws and address them proactively.
Step 4: Determine the Next Steps
Analyze the gathered information to decide whether to proceed with the plan. If issues arise, refine or switch to another idea. Evaluate and determine the next steps, such as niche research or revisiting the study.
Remember, the Quick Study Card helps assess your idea's viability and potential challenges, enabling informed decisions and avoiding ideas that may not meet market demand or generate the desired impact.
The Videos and recipes to each card are publicly available, but only those bootstrappers who sit down and map out their idea, product or service will get an extra boost to the future.