100X Founders – Idea Template

Describe your Idea (Max 100 Words)

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What is the Problem that you are solving? (Max 100 Words)

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What is your Solution? (Max 100 Words)

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What do you aim to achieve out of this product/idea?

πŸ‘‰πŸ» Will it be a side project, a revenue generating lifestyle business, a VC funded startup or just a fun portfolio project?

Who is your User? How big is the Market?

πŸ‘‰πŸ» Be specific, Do not say β€œEveryone is my user”

Will your Target User Pay? How do you know that?

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Describe your Competition?

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Why will users prefer your product over others?

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What will your MVP look like?

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What will your Tech Stack look like?

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How will you build your MVP?

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How will you make money? What will be your pricing?

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Discuss the costs around your idea

πŸ‘‰πŸ» How much would it cost you to build this and run this? What would your margins looks like?

How will you acquire your first 100 Users without spending a dollar?

πŸ‘‰πŸ» Be very detailed, lay out your plan and timelines around it.

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