How to test an idea for a project for profitability?

Question

Startups

Hello, I want to know how to evaluate the chances of a particular project (a pet project in my case) for the possibility of generating income?
For example: I want to implement a project to run agile teams.
I see it as problems: there is jira and redmine for big teams, trello (although it is a kanban methodology) and asana for small ones.
As an opportunity: I have not seen a service for medium-sized teams (5 - 20 people) where you would like to have the functionality of a jira, but without frills.
Thanks for the honest advice and criticism.

Answer 1

Start with a problem interview in similar teams. Understand whether they are willing to pay for your decision or not. You can also develop an MVP version of your product and show it to potential users.
Well, the often recommended option is a landing page with a description of your product and a form for collecting contact information to notify you about the release of the product. For a small amount in direct, it will collect statistics on your landing page.

Answer 2

There are too many task managers today, it’s not very clear what yours will be better.
You didn’t even list a ton of percent of them

Answer 3

I'll try to tell in the same logic in which you asked the question.
The project will generate income if people are willing to pay money that covers your expenses. Sketch a little model, play with the numbers, maybe even try the Monte Carlo method. To do this, of course, you will have to strain a little and learn the basics of investment analysis. Fortunately, there is a lot of information about this now and a very simple interpretation. Or there are programs that help build such models.

For example: I want to implement a project to run agile teams.
I see it as problems: there is jira and redmine for big teams, trello (although it is a kanban methodology) and asana for small ones.
As an opportunity: I have not seen a service for medium-sized teams (5 - 20 people) where you would like to have the functionality of a jira, but without frills.

I'm more than sure that you don't have much time to develop an MVP. As an option:
1. Define a conditional command that works in agile.
2. Impose on them the functionality of competitive products.
3. Add a separate feature that will make your product stand out
4. Ask colleagues, friends or somewhere on the forums if they would like to see your innovations in the structure of well-known products.
This is an indirect technique that, in comparison, gives an understanding of whether someone needs "It" at all or not.

Answer 4

You need not an IT resource, but a resource where economists, businessmen and startups hang out.
This question is clearly not for a toaster.
On the other hand, why does JIRA not suit small teams?
Well, or look at any bug tracker, bugzilla for example.

Answer 5

I usually make the MVP of the project, after which I collect feedback on it. Very often, at the time of the implementation of the idea, you do not see, and you do not understand some things. Then, when you have an MVP, you just grab your head and ask yourself the question: "What did I miss or not take into account." Sometimes, on the contrary, new opportunities appear that you have not even seen before, because you stupidly did not know about it.
Therefore, the theoretical base of the project is first assembled, then the MVP is launched, after which the real prospects of the project become visible.

Answer 6

Once you find a way to solve your problem, you will automatically become a billionaire.
You don’t have to do anything in your project - hundreds of thousands of projects will come running to you for your method and bring money in their beak.
What you want is: if I knew where I would fall, I would spread straws.
This is not possible in the general case.
As an option, a more or less realistic MVP is to create at least a slightly similar solution at minimal cost and test it in practice.