Preparation Station Practical curriculum for life ahead

Student Business Idea Worksheet

A business idea only becomes a business when you can describe it on one page. Fill in each section — vague is the enemy of starting.

1. The idea in one sentence

2. Who pays for it

Describe the kind of person who would buy this — not "everyone."

Age / life stage:
Why they need it:
What they already try:

3. The 3 riskiest assumptions

Write the three things that must be true for this idea to work — and the cheapest way to test each.

  1. Assumption: _____________________________________________
    Cheapest test: __________________________________________
  2. Assumption: _____________________________________________
    Cheapest test: __________________________________________
  3. Assumption: _____________________________________________
    Cheapest test: __________________________________________

4. The price and the math

LineAmount
What you charge
What it costs you to provide
What you keep per sale
Sales needed to reach your goal

5. The next step (one — not five)

The single thing you will do in the next seven days to test this idea.

Tip: a "no" from a real customer teaches more than a "wonderful idea!" from a parent. Plan for one conversation and one no this week.

Preparation Station — free printable resource. Preparation Station is operated by Nationwide Acquisitions, LLC and is an approved TEFA Marketplace vendor. Free resources are for educational convenience, not offerings for sale.