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How to Estimate More Accurately

Slidebean
6 min readApr 21, 2021

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A critical skill that founders and startups need is estimating accurately. But, this is a huge area where most people struggle. Think of all the estimates you need nearly every single day as a founder running a startup:

-When will the next product version be out?

-What do our quarterly and yearly sales forecasts look like?

-How many people should we hire and when?

-How much should we raise?

The list of what you need to estimate is nearly endless. And if you can’t *accurately* estimate you are going to be way off in so many things. And NEWS FLASH…: you will almost always UNDERestimate (be overly optimistic) and not OVERestimate. Getting estimates wrong can have devastating consequences to you, your startup and your credibility!

So, how do you fix this? How do you dramatically increase your ability to consistently deliver more accurate estimates?

Let me introduce you to your new friend:

Confidence-Based Estimating (CBE)

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Slidebean
Slidebean

Written by Slidebean

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