Step 1: Research
Conduct an exhaustive study of the competition, including:
Step 2: Brainstorming
Engage in 3 hours of free-associative thinking, generating 27 potential business cases, including:
Step 3: Refining the Concept
Narrow down the list to 2 viable options, then spend 4 hours researching the market demand and viability of each.
Step 4: Creating the Business Case
Write a 17-page document, complete with:
Step 5: Pitching the Idea
Meet with key stakeholders to present the business case, using a combination of slides, anecdotes, and hand gestures.
Optional: Create a fake PowerPoint presentation to practice the pitch, complete with:
For more on the Phantom Project, see:
Or, for a more in-depth exploration of the subject, see: