Where is the line between careful analysis and action?

Question

Analytics

How much do you analyze a niche to understand that it is worth going there?

Where is the line between careful analysis and action?

When is it better to just do it, rather than analyze it for a long time and scrupulously? By what criteria to judge?

I mean launching online projects with a minimum budget. Thanks a lot for the replies!

Answer 1

It’s better to do what you want and the way you want right away - it’s unique .
And the users of the services will already analyze themselves and choose the best one.

Answer 2

Analysis is necessary to remove risks. Therefore, the more carefully you analyze the situation, the fewer risks you will face during implementation. But one more statement is also true - the more you do not make a decision, the more likely you are to be late with it.
Remember that the higher the cost of resources for implementation, the less risk should remain. The reason is simple - possible losses will be higher.
It is necessary to find the line between "let's see again" and "everything, we decide." This is more of an art than some strictly described process.
Therefore, if you are sawing a project with a cost of 10 thousand rubles, then saw it boldly. And if 10 million, then spend 500 thousand on analytics - it will pay off with interest.