Post by account_disabled on Dec 7, 2023 2:04:55 GMT -5
The vertical one determines the potential of the idea (Big) – the size of the market, the target group, your business prospects, etc. The horizontal axis (Fast & Doable), on B2B Email List the other hand, shows how quickly the idea can be implemented given current constraints (e.g., a lack of know-how, a small budget). You determine the criteria that make the idea big, as well as the criteria for its execution.
business ideas Start using this tool by conducting a brainstorming session (it’s a good idea to have some external support to prevent bias). Put each of your ideas on your BFD map. The best ones will be at the top right of it, and they should be implemented first. The closer an idea is to the left, and the lower it is on the axis, the least likely it is to be successful. Such business concepts should be modified or even abandoned altogether. The BFD map allows you to arrange the order in which ideas are implemented. However, the analysis must be done thoroughly and in detail. Several people or even a whole team must work on it. Each person then places the idea on the map according to their own discretion. Then a discussion is held on it.
The BFD map is one of the best solutions to effectively deal with an excess of ideas. Summary A surplus of startup ideas can be as frustrating as a lack of them. Fortunately, as shown above, this problem can be easily solved. Evaluate all of them and choose the best one. Don’t focus on too many things simultaneously. Get to work and give it a try. Don’t spend a lot of money right from the start, just gradually develop your business, and you will definitely see results over time. Read also: 5 creative ideas for a business that require little or no startup capital.Scrum Guide
business ideas Start using this tool by conducting a brainstorming session (it’s a good idea to have some external support to prevent bias). Put each of your ideas on your BFD map. The best ones will be at the top right of it, and they should be implemented first. The closer an idea is to the left, and the lower it is on the axis, the least likely it is to be successful. Such business concepts should be modified or even abandoned altogether. The BFD map allows you to arrange the order in which ideas are implemented. However, the analysis must be done thoroughly and in detail. Several people or even a whole team must work on it. Each person then places the idea on the map according to their own discretion. Then a discussion is held on it.
The BFD map is one of the best solutions to effectively deal with an excess of ideas. Summary A surplus of startup ideas can be as frustrating as a lack of them. Fortunately, as shown above, this problem can be easily solved. Evaluate all of them and choose the best one. Don’t focus on too many things simultaneously. Get to work and give it a try. Don’t spend a lot of money right from the start, just gradually develop your business, and you will definitely see results over time. Read also: 5 creative ideas for a business that require little or no startup capital.Scrum Guide