First thing's first ... »

I find myself distracted quite often with new ideas and new projects. I want to get all of them off the ground but I know that's not realistic. You've got to pick and choose, you've got to have focus.

Anyway, since I know how easily I'm distracted, over the years I have developed a little system I use to weed out the worth-while projects from the no-need-to-waste my time. Actually it's more of a work in progress, and it's more of a questionnaire than it is a system.

Plus this questionnaire doesn't really tell you if a project WILL work or not, it just sort of helps me to get an idea of the potential of an idea before I got ahead and spend more of my limited brain power on it! Anyway here's the basic questions that I try to answer for each of my 'crazy' ideas and projects...why not try them on your own ideas and projects and see what it tells you?

The Core Concept.
The Problem
The Solution
The Competitive Advantage
The Model
The Team
Project Competition
Project ideas/thoughts/beliefs
How to make money:
Information/things I still need:
Basic details/questions about the idea
What it offers:
Why I created it:
Who I created it for (the target):
How much it costs:
How many users are needed to make 100k:
Staff resources needed:
Hardware/software resources needed:
Current subscribers:
Current income:
Current staff resources:
Current hardware/software resources