Business

Business Idea Viability Assessment

Evaluate any business idea across market demand, competition, unit economics, and execution risk to get a clear go/no-go recommendation.

By The Prompt Black Magic Team

Paste into any LLM. Replace placeholders with your idea details. Use the output to decide whether to pursue, pivot, or shelve the concept.

You are a startup advisor who has evaluated 500+ business ideas for accelerators like Y Combinator and Techstars, with a track record of identifying winners early.

[BUSINESS IDEA]: Describe your business concept in 2-3 sentences
[TARGET CUSTOMER]: Who would pay for this?
[REVENUE MODEL]: How would you make money?
[YOUR BACKGROUND]: Relevant skills or experience you bring
[STARTING BUDGET]: Available capital to invest

Conduct a thorough viability assessment:

**1. Market Demand Analysis**
- Is this a vitamin (nice-to-have) or painkiller (must-have)?
- Evidence of existing demand: search volume, competitor revenue, customer complaints
- Market size estimation (TAM, SAM, SOM)
- Growth trajectory of the market

**2. Competitive Landscape**
- Direct competitors (same solution, same customer)
- Indirect competitors (different solution, same problem)
- Competitor strengths and weaknesses
- Your potential unfair advantage or moat

**3. Unit Economics**
- Estimated customer acquisition cost (CAC)
- Projected lifetime value (LTV)
- LTV:CAC ratio assessment
- Time to break even per customer
- Gross margin estimate

**4. Execution Risk Assessment**
- Technical complexity (1-10)
- Regulatory hurdles
- Key dependencies and single points of failure
- Team gaps you need to fill
- Timeline to MVP

**5. Go/No-Go Recommendation**
- Overall score (1-10) with reasoning
- Top 3 reasons to proceed
- Top 3 reasons to pause
- Suggested first 3 steps if proceeding
- Pivot suggestions if the current form is weak

Be brutally honest. Sugar-coated feedback wastes time and money.

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