I have this mostly untested BHAG – big, hairy, audacious goal in business lingo. The BHAG is to ideate, build and launch beta products in order to early exit (by sale or spin off).Key assumptions I am making are:

1. In today’s day and age, building simple “need fulfilling” products and getting a read on their performance in the market within 6-9 months is not impossible.
2. Further, with the right team, this can be done for multiple product ideas one after the other.
3. If you are detail oriented and a fast learner, you do not need 10 years experience in a particular domain before building a product for it.

From an initial pool of a dozen ideas, I have chosen 3 concepts to start with based on their business case. These products concepts are in the ecommerce, online payments and mobile VAS spaces; 1 is for the Indian market and 2 for global customers [...]