If I have a product idea, that solves a particular problem in India, what’s steps I need to take in order to
A) Validate this idea
B) How do i go on about attracting VC’s?
What do you think is the best way to validate an Idea?
When i think about it, only thing I feel is that it should be something that
1) Solves any problem or offer improved product
2) There should be customers of it
3) It can earn
And this also give
10 magic metrics indicating a consumer tech startup probably has product/market fit:
This is one of the best lists I have found on the internet. And no surprise, its from Andrew Chen.
"Of course, hitting these metrics is hard. Very hard. But it’s
Startup Blueprint - Day 03
Define Your Unique Value Proposition (UVP)
1. Problem-Solution Fit: Clearly define the problem your product or service solves.
2. UVP Statement: Craft a concise statement that communicates your unique value to customers.