Ballpark figures

Quickly project the viability of your idea without having to build a full-blown business case.
boardofinnovation-ballpark-figures

What is this for?

The ballpark figures template is a tool designed to help you make a ‘guesstimate’ of the value your solution will generate.

A key element of the ballpark figures exercise is making the assumptions behind your guesstimates very explicit so that you can refine them as you learn more about the business model supporting your solution.

Step-by-step guide.

Step 1

Individually review the ballpark figures template and write down (in words) what you need to know to calculate a guesstimate for your business model 
(15 min). 

Step 2

As a team, compare your findings and agree on a formula (in words) (15 min).

Step 3

Divide tasks and try to turn words into numbers. If you don’t have direct estimates to the right numbers, use a benchmark or make an educated guess, but make sure the underlying assumptions are explicit (15 min).

Step 4

Calculate your guesstimate and have a group discussion about the impact of the results. (15 min). 

Ballpark figures

Get the pdf!

Fill in this form to get a pdf download of the tool.

Other relevant tools and guides

26 revenue model examples (B2C)

Explore 26 different revenue model examples that you can copy. Read this guide and learn how you can leverage innovative revenue streams used by B2C startups.

Business design playbook

The complete guide to develop, test, and grow new business ideas in as little as a few months, with all the tools you'll need to do it.

Innovation A to Z

A complete overview of the innovation funnel, with tips & tricks, tools and related methodologies. Everything you need to launch new products or services, or to re-design and improve existing ones. From blank page to development.

Business model validation plan

Set up experiments to validate the assumptions you've made in your new business model prototype.

Vision card

The vision card will help you expand your concept by adding early business model details and enabling you to begin crafting your customer value proposition.

Unit economics calculator

This business design tool will help you guesstimate whether your business model will be profitable and sustainable by analyzing your unit economics.

Let's get in touch!

Collaborate with teams internationally – no plane tickets required. We can run this entire session online using digital tools that were handpicked for the job. Get in touch to find out more.

Let's get in touch!

 Collaborate with teams internationally – no plane tickets required. We can run this entire session online using digital tools that were handpicked for the job. Get in touch to find out more.

Let's get in touch!

Dont worry, we aren’t going to spam you with emails or call you a thousand times. After you fill in this form, one of our experts will reach out and talk to you.