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What are your criteria for idea filtering?

I always have a lot of ideas for things to build and problems to solve, some small, some big, some realistic, and some straight up silly. I've always just written them down in notes—I strongly believe writing every idea down, no matter how bad, inspires more ideas in the long run—, but lately I've been wanting to rate ideas along certain dimensions, just to have a coarse overview of what kind of ideas I come up with, and which ones may be worth pursuing.

My question for you is: do you have any criteria for idea selection, and what are they?

I'll start out with the simple ones I've got currently:

  • Goodness: Is it something that will add genuine value to the world, and not just be profitable? Something that will give me a warm, fuzzy feeling in my stomach?
  • Profitability: Is it something I can make a living off?
  • Difficulty: How hard is it to do?

I'm looking forward to hearing yours! 😁

#ask-ih

on June 15, 2019
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    I am also in the process of finding ideas. Or more precisely, in the process of collecting a way to brainstorm ideas. I think based on some internet research (Google, Youtube, Blog, etc), here are some:

    1. Is the market sizeable enough for me? considering competitors and how can I gain some market share
    2. Is the industry growing or shrinking? for example, VR/AR/wearables is increasing in adoption but social media is slowing down
    3. Are the customers reachable? for example, people in 3rd world country might read email less and prefer phone calls
    4. Can the customer pay and are they willing to pay? for example, everyone wants to look nice but only those around age 25 - 45 are willing to pay badly enough to keep looking nice
    5. Do I hate the market (I don't need to like it but at least don't hate it)?
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      ++ to #3 which leads to distribution strategy

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        Could you elaborate more on this?

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          Sorry just saying I double agree to #3 and saying that it leads to starting with a distribution strategy.

          Without being able to reach your customers... never get to have any customers.

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            Ohhh I see. yeah thats right

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      Interesting list, thanks for sharing! I like that you break it down more detailed.