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Starting, Research and Validation

Small Business Ideas and Opportunities

Most owners-to-be don't have an ideas problem. They have a choosing problem. This eBook gives you a five-filter test, a one-week sizing method and a way to pick between two ideas you both like, so you stop polishing a list and start building a business.

Members ebook7 chapters 45 minute read
Chapter 6

Choosing Between Two Ideas You Both Like

When two candidates survive the test, how to pick the one worth your next year.


If the previous chapters have done their job, you should be facing one of three situations. Most likely, one idea has emerged clearly as the strongest. In that case, skip to the next chapter and start the path to first customer. Less likely but still common, none of your candidates passed the test and you need to go back to the inventory and generate fresh ones. The hardest situation is the lucky one: two ideas have both passed and you genuinely cannot tell which is better.

This chapter is for that lucky problem. It gives you four tie-breakers, in priority order, that almost always resolve the decision. By the end you'll have one chosen idea and the freedom to walk away from the other one without lingering regret.

The reason this chapter exists at all is that the wrong way to resolve the choice is to try to do both. Two new businesses at the same time is two failed businesses six months later. The decision has to be made.

The full chapter walks through the four tie-breakers (life shape, opportunity cost, momentum, founder fit), how to set up a structured forty-eight-hour decision, what to do with the rejected idea and how to know when you've actually decided.

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