How does /biz/ evaluate/identify the value of something?

>>1497783
very vague

I can tell you're from /biz/

If I want it it's valuable.

If I do not want it, it's worthless.

>>1497788
like how do you validate business ideas in your mind? how do you assess if what you want to be selling actually has worth

>>1497796
Depending on your desire for the product, that determines the value of the product.

>>1497783
>What price has similar shit sold for?
>what kind of income does it generate?
>What are the ongoing costs of owning it?

Something something inflation, projected earnings, something smoething amortization and depreciation compared against the value of cash