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Evaluating Viability: Is My Idea Worth Pursuing?

Module 2 — Viability#

Evaluating Viability: Is My Idea Worth Pursuing?#

Context 🛠️#

Before committing months of effort, it’s essential for me to ask a simple question: Is my idea worth pursuing?

As the founder of the Digital Bulletin Board DBB, my goal is to streamline how municipal agendas are published and accessed. I am not trying to quit my day job or build a large organization. This is a Level 1 business idea that should be manageable by me as a solo developer, with occasional outsourced help only if absolutely necessary.

Viability, for me, is about time, effort, and realistic upside. I want to know whether DBB has a believable path to reaching meaningful milestones like 100k to 1M ARR without unnecessary risk or complexity.


Say No to Excel Magic#

A common mistake founders make is relying on complex spreadsheets to forecast success. The thinking goes something like this: if the math works, the business must work. In practice, these models are fragile and misleading.

Problems with Excel driven forecasting:

  • It hides the assumptions that actually matter
  • It creates false confidence in uncertain numbers
  • It focuses on outputs instead of real-world inputs

For DBB, building a detailed 36 month revenue model would not make the idea safer. It would only distract me from the core question: how many customers do I really need and can I realistically reach them?


Say No to Top-down Sizing#

Top-down sizing starts with a massive market and assumes I can capture a small percentage of it. While this looks impressive on a slide, it ignores the hardest part of building a product: getting someone to switch.

Why avoid top-down sizing:

  • Market size numbers are often guesses layered on guesses
  • Adoption friction is completely ignored
  • Product specific constraints are hand-waved away

For DBB, saying “every city government is my market” sounds nice, but it does not help me understand whether any single city will actually adopt the product.


A Better Way — Fermi Estimates#

Instead, rely Fermi estimates. This approach uses rough order of magnitude calculations to test whether an idea makes sense before I invest deeply.

Fermi estimates force me to:

  • Make assumptions explicit
  • Use simple round numbers
  • Identify which variables truly matter

For DBB, this means estimating things like:

  • How many city agencies exist in a realistic beachhead
  • How painful the current agenda posting workflow actually is
  • Whether a simple 1k per month subscription creates enough value

This approach reveals whether the business can achieve its goal before you invest heavily, without relying on “magical” spreadsheet forecasts.

%%{init: {'flowchart': {'nodeSpacing': 60, 'rankSpacing': 60}}}%% flowchart LR IDEA[My Idea DBB] --> INERTIA[Customer Inertia] EXCEL[Excel<br/>Magic Top-down Sizing] -->|Not Reliable| INERTIA FERMI[Fermi<br/>Estimate Rapid Viability] --> PULL[Pull Realistic Path to Success] INERTIA ---|Obstacle| SWITCH[Customer Switch] PULL --> SWITCH style IDEA fill:#8B4513,stroke:#333,stroke-width:1px,color:#fff style EXCEL fill:#D2691E,stroke:#333,stroke-width:1px,color:#fff style FERMI fill:#A0522D,stroke:#333,stroke-width:1px,color:#fff style INERTIA fill:#CD853F,stroke:#333,stroke-width:1px,color:#fff style SWITCH fill:#FFDAB9,stroke:#333,stroke-width:2px,color:#000
Evaluating Viability: Is My Idea Worth Pursuing?
https://www.juliogonzalez.space/posts/module-2/part-2/m2-pt2-s1/
Author
julio c gonzalez solano
Published at
2025-12-04
License
CC BY-NC-SA 4.0

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