Evaluating your business idea

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What is a good business idea? Before answering the question, What is a good business idea? Let me ask you this question, do you need a good business idea to start your business? A long time back, my MBA professor once told me that...

Budgeting for Cradle pre-seed grant I’ve been meaning to write more about the entrepreneur scene in Malaysia, but I just can’t seems to find the time to do that. But I would like to share with any budding entrepreneurs that wants to...

Is Friendster better off with MOL? In the last post, i had talked about losing mind share in US. However, Friendster is still very strong in Asia, especially in Malaysia and Philippines. Friendster is the #11 site in Malaysia and #6...

Friendster is losing mind share in the US – Try searching... Friendster is now Malaysian. Malaysia’s MOL has just bought Friendster a couple of weeks back for an undisclosed sum. It was rumored to be at the region of USD 26 million, a large sum of money considering...

Posted by Chris Leong | Posted in Funding, Random Thoughts, Tech Business | Posted on 20-04-2010

Tags: Business Ideas, Cradle Funds, Evaluate your idea, Tech Business

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A friend of mine, Bugs Tan has a great way for inventors and entrepreneurs to evaluate good business ideas. Bugs Tan is an award winning inventor who is very passionate in the field of innovation and entrepreneurship.

Based on his experience, he came out with a practical series of questions to help entrepreneurs and inventors to evaluate their ideas. I like these questions as it provides a very good perspective on how an entrepreneur should review the viability of their idea.

Check Your Idea by Uncle Bugs

View more presentations from Uncle Bugs.

Do also check out Bugs’s blog to tap his thoughts on innovation.

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