Ask HN: how to extract the numbers from an idea?

2 pointszemanel5 comments

We have an idea. Great. Then how do we prospect the market size? Revenue model? Growth projections?

Research.

Yes, but where? Google? Competition?

Pretty much anywhere you can get it, google and competition would be good starts (competition could be a good idea of a market depending on their success).

Put up a landing page with email sign ups for notification of when product opens.

Use any tool you can find.

I'm developing a product targeted at a similar market as LinkedIn, but directed at portfolios. I've been told that it's something very difficult to build a business model on but i still believe in the idea and i'm looking ways to research it. In this case i could data mine LinkedIn for example then. Are you aware of any reading material about it and guidelines to define pricing and etc?

EDIT: my goal is to elaborate a business plan on it, at least something that could be improved on

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