How Did We Decide That Our New Product Idea Is Feasible?


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So, we have a new product idea, and we think that it’d be “useful,” “great” and further, “It will make the world a better place :slight_smile: ”. Please remember the idiom “all his geese are swans” before spending your time, money, and other useful resources on an idea. In addition to resources you spent, remember that your every decision has an opportunity cost, too. Rather than being emotional and subjective, you have to be rational and devil’s advocate when you are evaluating the feasibility of your idea. Your evaluation should be as scientific as possible, too. Read more…