Startups and businesses are taking off once in every month, tempting customers by their competitive services. The sad part is not every idea succeeds in the market. How safe it would be if one can pre-test the opportunities of a ‘to be implemented idea’. Yes, this path has been serving by Founder’s Road, a platform to plan, pitch and analyse the startup.
Founder’s Road offers a roadmap which helps in evaluating the value of a business idea. It allows to think thoroughly about an idea, sharing it with others, and getting feedback. All a person need is an idea for the business; else everything will get covered by the app. Get something off the ground after proper follow up with Founder’s Road.
Editions and Pricing
This extremely useful application is completely free. And that is amazing.
Capabilities and Supporting Set of Features
Planning is something that comes to mind before anything. So here it is. This phase covers all the details related to the business idea. A form is filled up to understand the complete details of the business idea. Plan feature also makes the user reconsidering the notion, revealing it’s all around aspects. This form includes the idea, the opportunity, business model, and execution details.
As the name suggests the feature allows a user to go through the plan to decide on the final result. In the review phase planning input is transferred into an output report. Each data is represented well to ensure correct details that provide the clear picture of the idea.
The app allows a user to share his plan report with others so that the user could get feedbacks over the idea. The app has a default content for email, but the user can edit it before sending it across. There is no fixed number of receivers; the user can share his idea to any number of people by adding them manually. The only vital step is to share the product plan with trusted individuals to keep the idea secure. The app calls them the inner circle people.
An analysis is the most crucial stage of the app; the purpose it serves. In Analysis the app displays a summary report with major entities. These includes various factors associated with the business such as market speed, profit potential, evergreen potential and much more. It also tracks the activities of the receivers and by their judgment, unlocks a score of the business idea.
Right now the web app is not available for mobile platforms. Runs well in the mobile browsers, though.
Founder’s Road does not provide integration with any other app.
For any feedback, question, or suggestions, a user can send the message directly to the app.
Pros and Cons of Founder’s Road
- Active plans analysis
- Any time modification
- Secure feedback system
- Receiver’s full exposure to the report
- No attachments option
- Only one plan per account
- Conversations are not allowed
Most companies came up short due to insufficient prior market knowledge and research. Founder’s Road provides an interface that is simple and crisp, taking exact requirements and a must have tool for entrepreneurs if gearing up for a new business thought.
For more details, please visit Founder’s Road website.