So, you have an itching side-project idea but struggling to justify if you should work on it. Here is a comprehensive guide that should help decide if you should green-light that idea or not.
1. How passionate are you about the side‐project subject?
· Rate from 1‐10. (8 or above is Green)
· Will I have a lot of fun building it?
2. Why exactly are you building this side‐project?
· To get known as a Maker?
· To make more money?
· To quit my job now?
· To grow a business and hire people?
· To solve my own problem/need?
· To learn a new skill?
· To potentially help my existing projects?
· To form a contingency plan for my current project?
· To build something of value that can help people?
3. Will you use your own side‐project?
4. Opportunity costs?
· Why don't I improve my existing projects with this time?
· Am I procrastinating on a bigger, more important project?
· Have I considering ridding of a side‐project I am less passionate about, to make space for this new one?
5. Will your side‐project solve a real problem?
· Does my idea solve an easy or difficult problem?
· Have I researched if there are already solutions to my problem?
· Are there still pain‐points in the industry?
· How light can I test and validate that my idea is actually solving a problem?
· Are people willing to pay for my product or service?
6. Is the side‐project market progressive?
· Will my idea be relevant in 1,2,3,5,10 years?
· What does my gut say?
· Have I spent an hour in Google Trends?
7. Competition
· No competition = bad.
· Ton of competition = ok.
· Ton of competition but not much within my niche = good. Can I target a niche within the broader industry?
· Do I know how big this industry is?
· How big are the social media followings of my competitors?
8. Are you able to build everything?
· Do I have time to build this side‐project while you are working on your main project or day job?
· How much do I need to outsourcing?
· Do I have savings to outsource?
· Without outsourcing, can I launch at lighter version of this side‐project idea to validate outsourcing?
9. Who is creating content and how often?
· Am I building a community?
· Am I building a standalone tool?
· Does my side‐project promise timely content?
· Does my side‐project need moderation?
· Can I walk away from the idea for a day, week, month, year?
10. Are you fit for the hustle?
· Am I mentally strong enough for the inevitable dip?
· Am I in it for the short or long game?

