Technology Readiness Levels

Thanks to NASA and the European Commission for this succinct guide to the readiness of technology ideas and concepts for commercial application.

 

Technology Readiness Levels (TRL)

Most every new innovative idea has a fuzzy front-end. The idea may have potential, at least in someone's mind, but it also likely has "holes" in it.  Will it really work? What about this, what about that?
If we were to score this new idea, from 0 to 9, where would it be? Turns out, NASA and the European Commission created a well-vetted method for scoring new ideas based on the stage of technological progress ... 0 being conceptual, 9 meaning the idea is out there and doing well in the world.

Marketing Brochure Prototype

A prototype marketing brochure is a good tool for "testing the waters" with prospective customers.

1. Easy way to test a new product, service, solution idea
2. Easy to iterate a concept
3. Easy to put in front of prospective customers for feedback: test, measure, learn
4. Customer can become part of the design process ... pencil and paper and eraser
5. Inexpensive ... time, money, resources
6. Works for most any idea concept
7. Flexible "size" (number of pages) although the fewer the better 
8. Can incorporate in the venture business plan, summary
9. Can use to design and develop a product and/or service based on prospective customer reactions to the product and/or service describe in the prototype brochure

Here's a "pencil sketch" of a marketing brochure template: