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Anonymous

Hey I am on Medialย โ€ขย 6m

๐ŸคตHow to validate your business idea before investing time and money 1. Talk to people โš’ The benefits of doing this are countless: - Building a list of people who are potentially interested in buying from you - Gathering feedback to build a better solution that actually solves a problem - Making it easier to sell to future customers 2. Leverage your network and connections 3. Send a survey โš’ If youโ€™re targeting a broader B2C audience, sending a survey to as many people as possible might be the way to go. 4. Online communities โœ”๏ธ Many times people who fall into the same category gather in online communities. Thatโ€™s a perfect place to hang out, listen and participate. โœ”๏ธ Please donโ€™t join just to spam non-stop. 5. Use Google โš’ Beyond its search tool, others such as Google Trends and Adwords Keyword Planner can help you identify what people are searching for and if the number is growing. And how much itโ€™d cost you to capture those users with ads. 6. Smaller is better โœ”๏ธ Your idea is big. Super big. It requires a lot of resources to get started. And because you donโ€™t have them, thatโ€™s stopping you from starting. โœ”๏ธ Hereโ€™s when the concept of an MVP (minimum viable product) comes in handy. The idea is that people will actually get value, even if youโ€™re not offering your ideal-unlimited-resources product or service

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