Your Grade For Your Business Idea

mobile games

Description: mobile games

• Decent market size.
  The size of your market is healthy with plenty of buyers. This means if you succeed, even moderately, your business can potentially change your life. Execute at 'best-case scenario' levels and your life will probably change.
• Consumable product with a lot of repeat use!
  Your idea can be used over and over again, or it follows a monthly subscription model. With a repeat use product/service, marketing efforts and their financial returns expand. This creates a synergy and momentum for execution success that compounds monthly. Success in this area will raise up your mathematical ceilings for wealth.
• Your market is relatively easy to reach via ad/marketing initiatives.
  Ease of reaching potential buyers is a definite strength, although such ease usually means it's more expensive to do so.

• Your need is lukewarm.
  The need you've identified, or the relative value as compared to existing options is below average to weak. This really impacts the other variables negatively since NEED is the most important. If demand is weak, the scale metric is largely diminished.
  
• Weak entry barriers.
  The resources needed to launch this business (time, skill, money) is pretty weak. While that might be good for you in the short-term financially, it's not good for the long term. With limited entry barriers to this business, you will likely find increasing competition over time to the point margins erode and profitability disappears. This makes the longevity of this enterprise questionable. Caution is advised.
  
• Substantial third-party dependency issue.
  You have a huge third-party dependency issue. In short, you don't have full control over your business because you are subservient on a parental, corporate parent. For instance, if you ONLY sell on AMAZON and you're entire business revenue comes from Amazon, this carries a HUGE third-party risk. If the third-party company decides to change something (a policy, a procedure, files bankruptcy, cancels your account) your business will immediately be impacted. Worse, it will go bankrupt in a matter of minutes. While such dependencies can go on infinitely with no issue, it poses a HUGE risk that should have you concerned.
  

• Average replication ability.
  Replicating your product is not relatively hard. While there might be some challenges in meeting a huge demand, you should be able to make it happen with some adjustments and/or investments in resources; human, financial, or digital capital. Your ceiling on wealth creation is correlated to this metric as it correlates to your ability to meet demand.
• Average automation potential.
  Looks like your product/service can be potentially automated so you're not tied to it forever. Additionally, this gives your business the potentially to earn passive income in the future.