My criteria for picking startup ideas

It’s good to have your criteria written down that way you can look back at it after a while and see if you are still meeting them if not you can stop and reconfigure.

What would you do if you exceeded a million dollars?

Looks like you've learned a lot from your previous startups and have honed in on key criteria to make a SaaS startup work. Thanks for the tips.

Interesting post. I'd agree with most of these points but aren't 2 and 8 in conflict? You want competition but also a moat against other amateurs trying to start a company. Which is it?

Take a look at this post:
https://tylertringas.com/business-ideas-meat-grinder/
I think many of the criteria you have are the same as Tyler's meat grinder approach. Tyler's approach seems to be organized toward having a flowchart for filtering ideas.

In my opinion, "baked-in virality loop" is a must-have for any solo founder.

You want every incremental improvement in your product to lead to more usage and marketing automatically.

You don't have the luxury of dedicating your full attention to marketing.

You need to outsource this as effectively as possible to the product itself, in addition to all the manual heavy-lifting you would be doing as a marketer.

I agree with most. I don't agree with 3. There's nothing wrong with good business. My experience is that there's a healthy niche market that's between amateur flooding the market and mid/large corporation that's willing to come in (because the revenue is just not there for them).

That said, I haven't found a good one yet.

I would add the financial consideration to the startup ideas. I wrote this financial modeling tool to help assess the idea: https://increnovation.azurewebsites.net/fermi/highlevel

you have learned a lot... that's a great post!

I can definitely relate to #5! But haven't you needed to communicate with customers or users in order to tailor and evolve your product's feature set?

You only need to use your experience and try to identify opportunities in your field; every niche has a lot of narratives, so just focus on what you believe needs to be changed or improved and validate that in the right way: There is no such thing as a perfect idea; all you need to do is use your experience. basic landing page > advertising campaign with the appropriate message and in the proper channels > collecting potential leads > jumping to demo call > attempting to sell > checking sales numbers to see if they suggest that this concept has potential, if you need help with this, just drop me us a line - www.unicamel.io