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The estimated cost of implementing the idea feature for Brainstorming.com

Miloš Stanković
Miloš Stanković Jun 20, 2022
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Have a sidebar estimate of the cost of implementing the idea. Serves as a tag that can be clicked on and then list all the ideas in the same cost of implementation range.
  • Inspired by the challenge of having the formula to calculate the value of an idea, as it would have to be an important variable in calculating the value of an idea.
  • Added service to the platform.
  • Making ideas and hence the platform more tangible.
How it works:
It can be even rough estimates - have ranges. For instance: Free, 0 to $100, $100 - $,1,000, $1,000 - $10,000, $10,000 - $100,000, and so on.
The estimate can either be done by the idea poster, or the moderators. It can even be a colective effort, it can even be set out as a vote.
Or at least have the percieved difficulty of implementation. Complexity, time needed would also be cool filtration aspects. Further down the line, the platform could also list all the skills needed for the implementation of a particular idea: CSS, Photoshop, scriptwriting... Or the job titles needed for hiring.
Therefore we would have another filtration aspect for the visitors. Leading into my other idea for a feature of giving propositions for career routes to aspiring entrepreneurs.
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Add estimated profit

Povilas S
Povilas S Jun 20, 2022
How much you can gain by executing the idea would interest users more than how much would they need to invest. When you have the two numbers side by side you can see whether it's worth investing in it in the first place. Deduct the profit value from the investment value and you get the value of a particular idea.
It is, of course, difficult to predict the profit value, especially if the idea is about something so unique that nothing similar was ever seen in practice before. But there are very little of such ideas, usually, you can compare it to similar concepts already existing in practice and derive approximate profit value from that.
Profit value would have to be best given in income per certain time (a year for example), but if you think about it better, it's the same with implementation cost - you have to keep investing in the idea for it to provide constant profit, you have to keep making a certain product, maintaining a factory, paying salaries for workers, etc.
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