Kathryn Finney
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The 'Should I Do It?' Test

A simple scoring framework to evaluate any business idea against your time, money, and life.

By Kathryn Finney7 min read
The 'Should I Do It?' Test

TL;DR

Most founders waste years chasing ideas that don't fit their lives or their wallets. This framework helps you decide what to build and what to bury before you spend a dime.

We have all been there. You are sitting at your kitchen table or staring at a blank Google Doc at 2:00 AM and you have what you think is a million dollar idea. You can feel the adrenaline. You start imagining the exit, the press releases, and the look on the faces of everyone who ever doubted you. You want to run out and buy a domain name and start filing for an LLC immediately. But here is the truth that people in Silicon Valley do not like to talk about. Having an idea is easy. Most ideas are actually bad. Even the good ones might be bad for you specifically.

I have seen thousands of founders walk through the doors of digitalundivided and Genius Guild. Many of them are brilliant. Most of them are hardworking. But a huge percentage of them are working on the wrong thing because they did not have a filter. They launched a business because it sounded cool, not because it actually solved a problem they were equipped to handle. I wrote Build the Damn Thing to provide a roadmap for those of us who do not have a safety net of family wealth to fall back on when we make a mistake. When you are an underestimated founder, you do not have the luxury of wasting three years on a business that was never going to work. You need a system to vet your brain before you bet your life.

The Three Currency Audit

Before we look at the market or the competition, we have to look at you. Every business requires three types of currency: time, money, and emotional energy. If you are already running low on any of these, certain business models are a hard no. For example, if you have a full time job and three kids and no savings, building a capital intensive hardware startup is a recipe for a nervous breakdown. It is not that you are not capable. It is that the math of your life does not match the math of the business.

I want you to be honest with yourself. How many hours a week can you actually commit to this without losing your mind or your health? If the answer is five hours, you cannot build a high touch service agency that requires you to be on call with clients all day. You need to build something that scales or something that is automated. When you look at the toolbox on this site, you will see that many of the frameworks I recommend are designed to protect your most valuable asset: your sanity. If the idea requires more than you can give, it is not the right idea for right now.

The Pain Point Reality Check

People buy solutions to their problems. They do not buy your passion. I know the gurus tell you to follow your passion, but passion does not pay the rent. Solving a painful, expensive problem for a specific group of people is what pays the rent. To pass the Should I Do It test, you have to prove that the problem you are solving is actually a problem.

Is this a vitamin or a painkiller? A vitamin is nice to have. It makes things slightly better. A painkiller is something people need right now because the pain of the status quo is unbearable. Underestimated founders should almost always build painkillers. Why? Because we often have limited access to capital. We need to reach profitability quickly. It is much easier to sell a painkiller to a desperate customer than it is to convince a comfortable person to try a new vitamin. Ask yourself: who is losing money, time, or sleep because this product does not exist yet? If you cannot name fifty people who would pay for this tomorrow, you do not have a business. You have a hobby.

The Builder Fit Factor

This is where most people get tripped up. Just because a business is a good idea does not mean you are the person to build it. I call this Builder Fit. If I had an idea for a breakthrough medical device that required deep knowledge of biotech, I would be the wrong person to build it. I am a builder and an investor, but I am not a scientist. I would have to spend years learning the industry or hiring experts before I could even get a prototype off the ground.

Think about what you know better than anyone else. Think about your unique perspective. For me, my experience in fashion and tech allowed me to see gaps in how Black women were being served online. That was my edge. When you are looking at your new idea, ask yourself what your edge is. If anyone with a laptop and an internet connection could start this same business tomorrow, you are in trouble. You want to build something where your specific history, your network, or your unconventional way of seeing the world gives you an unfair advantage. If you are struggling to find that edge, the BUILD Sprint can help you narrow down your focus and find the specific intersection of your skills and the market need.

The Economic Engine

Let us talk about the money. Not the imaginary venture capital money, but the actual revenue. How does this thing make a dollar? If your answer involves the words virality or ad revenue or we will figure it out later, you are failing the test. You need to know exactly who is going to hand you cash and how much they are going to hand you.

I am a firm believer in the $1,000 Rule. Can you see a clear path to making your first $1,000 in revenue without spending $10,000 on marketing? If the cost of acquiring a customer is higher than what that customer will ever pay you, the business is broken. You would be surprised how many founders do not do this basic math. They get distracted by logos and colors and social media followers. None of those things matter if the economic engine is dead on arrival. A real business is an exchange of value. You provide something that is worth more to the customer than the money in their pocket. If you cannot articulate that value in one sentence, you need to go back to the drawing board.

The Ten Year Horizon

Building a company is a marathon that feels like a series of sprints. It takes most successful startups seven to ten years to reach a significant exit or stable maturity. When you look at this idea, do you see yourself still caring about this problem in five years? In seven years? Startups are hard. There will be days when the bank account is low and the tech is breaking and the team is arguing. In those moments, if you do not actually care about the problem you are solving, you will quit.

I am not saying you have to be obsessed with the product itself. You might be building a boring software tool for plumbing companies. But you have to be obsessed with the mission or the freedom the business provides. If you are only doing it because you think it is a quick way to get rich, you will likely fail. There are much easier ways to make money than starting a company. You start a company because you cannot imagine the world without the thing you are building. You start it because you have to. If this idea feels like a heavy weight you are forced to carry rather than a project you are excited to push forward, put it down. There will be other ideas.

The Scoring System

To pass the Should I Do It test, you need to score your idea across these categories. Give yourself a score from one to five for each of the following:

  1. Resource Alignment: Do I have the time and money this specific model requires?
  2. Problem Intensity: Is this a must have painkiller for a specific group of people?
  3. Builder Fit: Am I uniquely qualified to solve this problem better than others?
  4. Economic Clarity: Is there a simple, proven way to generate revenue quickly?
  5. Long Term Interest: Can I see myself working on this for the next decade?

If your total score is below twenty, the answer is no. If your score is between twenty and twenty four, you have some work to do on the model but it has potential. If you score a twenty five, you need to stop reading this and go start right now. Do not wait for permission. Do not wait for a sign. You are the sign.

We often spend so much time looking for external validation that we forget our own intuition is our best tool. You know your life. You know your community. You know what is missing. The goal of this test is not to discourage you. The goal is to make sure that when you finally decide to build the damn thing, you are building something that can actually stand. You have the brilliance and the drive. Now you just need the discipline to choose the right mountain to climb. The world is waiting for what you have to offer, but it needs the best version of your vision, not just the first one that popped into your head at 2:00 AM.