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Post on Medial

Phanirockzzz

Stealth • 8m

Hey startup enthusiasts, whenever you wanted to start a startup and validate your startup. Do this you will thank me later. Do a survey of your own friends, family and some strangers. 60 people would be fine. Ask their pain points, insights and if they use. Then validate it with the 5t framework for anupam mittal. I 5T framework. 1. TAM total adressable market . 2. Traction what is the current trend on this business 3. Team- you have a great team or not. 4. Technology- your startup have evolved over technology or have relation with technology or not. 5. Timing - are you entering the market at a great time or not. This will give a great perspective of your idea.dont be biased or over optimistic. Be customer centric and data oriented too.

7 replies18 likes

Replies (7)

Anonymous 7

Stealth • 8m

But the problem with friends and family is the bias you will have.

1 replies

Anonymous 6

Stealth • 8m

I think 60 people would be less. You can also gett 100 additional surveys online to be sure.

1 replies2 likes

Anonymous 5

Stealth • 8m

Was about to start surveys, thanks for the structured note :D

0 replies

Anonymous 4

Stealth • 8m

Timing is so hard to judge

1 replies

Anonymous 3

Stealth • 8m

How to research TAM?

1 replies

Anonymous 2

Stealth • 8m

Standard SOP for validation of an idea.

0 replies2 likes

Anonymous 1

Stealth • 8m

Appreciate it

0 replies3 likes

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