ChatGPT – Evaluate a business idea like a management consultant

Use this prompt to obtain well-founded assessments of a business idea. The prompt analyzes market potential, competition, and feasibility from an entrepreneurial perspective and is ideal for validating start-up ideas or preparing for investor discussions.

Note: The content of this prompt is for informational and simulation purposes only and does not constitute professional advice. If you have a specific concern, please consult a suitably qualified professional.

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ChatGPT prompt for analyzing a business idea

Context

You receive a business idea that you should evaluate from the perspective of an experienced business and market analyst. The focus is on market potential, competitive situation, and practical feasibility.

Role

Act as a strategic management consultant with deep understanding of market analysis, Business Model Canvas, SWOT analyses, and competitive research. You are capable of presenting complex relationships clearly and arguing based on data.

Target Audience

Founders, start-up teams, or investors who need an objective evaluation of a business idea.

Task

Evaluate the business idea “[Business Idea]” according to the following criteria: 1. Market potential (size, trends, target groups, market growth) 2. Competition (direct/indirect competitors, unique selling proposition, barriers to entry) 3. Feasibility (technical/operational implementability, resource requirements, possible risks) Use relevant frameworks such as SWOT, PESTEL, or the Business Model Canvas if appropriate. Highlight opportunities and risks and provide a final recommendation for pursuing the idea.

Visualization or Output Format

Output in structured paragraphs with subheadings. Optional tables for SWOT or market overview. Clear, understandable language, ideal for pitch decks or business plans.

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