UzCombinator
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Startup School
Module 1Lesson 34 min

Judging an idea: market, timing and team

Idea and problem
How big the market is, why now and why your team: three questions to ask before you commit.
You have a few problems and a few ideas to match. Which one deserves the next year or two of your life? There is no perfect formula, but three questions clear up a lot: how big is the market, why now, and why you.

Market: how many customers could pay, and how much

Founders and investors alike love big numbers: "the market is worth billions of dollars". A number like that convinces nobody, because it says nothing about how you would win any part of it. Instead, count the market from the bottom up.
For example: "In the Tashkent region there are this many pharmacies I can actually reach, and each might pay this much per month." Do not guess the number of pharmacies; find it from a real source: directories, public registers, maps, or simply walking the streets and counting. The price you will learn from conversations with customers.
A small starting market is fine if it can expand. Is there a path from Tashkent to the regions, then to neighbouring countries, or from pharmacies to other kinds of shops? Think about how realistic that path is.

Timing: why now

Good ideas often become possible or necessary because something changed. For example:
  • more people pay by phone, and services such as Payme and Click have become ordinary;
  • businesses have got used to working with their customers through Telegram;
  • a new law or requirement has appeared (if so, check the details with a lawyer);
  • the technology you need has become cheap or widely available.
If your idea could have worked ten years ago, ask why nobody has done it yet. Perhaps there is a hidden obstacle. Or perhaps the obstacle has just disappeared, and that is your opening.

Team: why you

Different teams turn the same idea into completely different companies. Answer honestly:
  • Do you understand the customers? Can you talk to them comfortably in their language, Uzbek or Russian?
  • Can you build the first version yourselves, or will you depend on outsiders for every change?
  • Can you sell? Someone has to find the first customers and talk to them.
  • Will your interest in this field last for years?

Competition is not a reason to stop

Competitors often prove that demand exists. The better question is what they do badly and which customers they ignore. If a large company serves big clients, there may be room for a simpler, cheaper product for small businesses. But be careful with "the same thing, only cheaper": a price war is easier for the stronger player.

A simple scorecard

Score each idea from one to five on:
  • how painful the problem is;
  • how often it happens;
  • whether customers are willing to pay;
  • how easily you can reach customers;
  • how strong your answer to "why now" is;
  • how clear your team's advantage is.
This is not a formula, and you do not have to add up the points to pick a winner. The scorecard is a tool for starting an honest conversation inside the team.

Do not over-analyse

Judging an idea should not take months. The fastest way to test an idea is to talk to customers, which is what the next module is about. A week of conversations often reveals more than a month of spreadsheets.

Changing the idea is normal

The idea you pick today may be unrecognisable a year from now. Many successful companies started with something else and changed direction after learning from their customers. So the point of judging ideas is not to find the "right" one. It is to choose a good enough place to start learning. If the problem is real, the customers are reachable and the team cares about it, that is a good start.

Try this

Fill in the scorecard for your two best ideas. For each, write one sentence answering "why now" and one answering "why us". If you struggle to write that one sentence, that is exactly where you need to learn more.