Too Good To Be True

>>1878309
Get someone to pay for it.

>What are some signs that a business idea is too good to be true?
Besides high profit for little effort?
>So what are some questions I should apply to the business to test its viability?
No so much testing viability, but you should ask yourself why the business doesn't already exist. Assume that people have already had the idea before.

>>1878315
That would work for most businesses

But since its an app, it would take tens of thousands to create a minimum viable product
I'll definitely ask everyday people what they think of it though

Also, certain ideas seem crazy at first

>would you get into a strangers car or let a stranger into your car?

>would you sleep in a strangers home instead of a hotel, or let a stranger sleep in your home?


>>1878324
>ask yourself why the business doesn't already exist
That kind of thinking is contradictory though

I do agree it would be wise to research whether similar businesses have existed

but the fact that a business doesn't exist yet isn't a valid reason to doubt your idea

the most successful ideas are the ones that make people facepalm
because it was so obvious and they can't believe they didnt think of it themselves
>YouTube
>Snapchat
>Whatsapp
>Uber
>AirBNB

>>1878366
>That kind of thinking is contradictory though
No, it isn't. It's a safeguard to prevent you from wasting money on something that is indeed too good to be true. If you cannot find any valid reason why the business doesn't already exist, then you can proceed to the next step.

>>1878396
Alright fair enough

What are the next steps then?

>>1878415
Work out a detailed business plan.

>>1878425
That would require a large time sink though
Anything I can do quickly to check beforehand?