Introducing Startup Crossfit, AKA "Is This Really A Good Business Idea?"
Founder's Journal
Morning Brew
4.8 • 1.1K Ratings
🗓️ 19 July 2021
⏱️ 11 minutes
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| 0:00.0 | What's up everyone, this is Alex Lieberman, co-founder and executive chairman of Morning |
| 0:05.5 | Brew. |
| 0:06.5 | Welcome back to Founder's journal, My Personal Audio Diary, where I give you the business |
| 0:11.7 | builder, the tools you need to think better in order to build better, whether that's building |
| 0:16.4 | a business, a team, or a new product. |
| 0:19.6 | Today, I'm introducing Startup CrossFit, where I put my ideas and the ideas of others |
| 0:25.9 | through the business analysis gauntlet. |
| 0:28.6 | Let's hop into it. |
| 0:34.0 | So I want to try something new on Founder's journal today. |
| 0:37.4 | You may or may not know by now, but I love thinking of business ideas and breaking down |
| 0:42.0 | businesses of all sizes. |
| 0:44.2 | So I came up with a concept that I want to try, and if you like it, I'll keep doing |
| 0:47.8 | it. |
| 0:48.8 | If you don't like it, we'll scrap it. |
| 0:50.0 | I call it Startup CrossFit, and here's how it goes. |
| 0:53.2 | I'll share a startup idea that I've come up with, or someone else has, and we'll put |
| 0:57.8 | the idea through the ringer. |
| 0:59.8 | I'll analyze the problem that's being solved, the market, the strengths, the weaknesses, |
| 1:06.0 | and I'll finish with a grade that I assigned to the ideas long-term viability as a business. |
| 1:11.3 | By the way, don't expect an A plus anytime soon. |
| 1:15.0 | That grade gets reserved for the next Airbnb or Uber. |
| 1:19.0 | So let's start the first startup CrossFit by introducing an idea I thought about recently. |
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