Use these pointers to make a quick guess

This step is all about making a rough estimate.

You don't need to choose an accurate number. You just need to choose an order of magnitude.

On a scale of "small" to "huge," how much financial impact might your Valuable Idea have?

$10K = small.

$250K= considerable.

$1m = huge.

Why it Matters?

Estimating the value of your Idea gets you in the right mindset for moving your Idea forward.

Estimating value also:

  • Helps you consider the scope and impact of your Idea.

  • Adds credibility to your Idea pitch.

  • Helps you and others prioritize improvement Ideas.