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CA Rahul Nahata

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Upwork • 1d

🔍 Step-by-Step Guide to Validate a Startup Idea: Solve a Real Problem Ask yourself: Is this a pain point, or just a trend? ✅ Talk to 10 potential users before building anything. Start Small, Launch Fast Build an MVP (Minimum Viable Product) or even a Google Form. ✅ Don’t aim for perfect—aim for feedback. Test Willingness to Pay Likes and follows are good, but would they pay for it? ✅ Run pre-orders, pilot programs, or charge early users. Differentiate Yourself If the idea exists, ask: What can I do 10x better, cheaper, or faster? Be Data-Driven Use real insights, not assumptions. ✅ Run surveys, test ads, or build landing pages to measure interest. 🧠 Summary with Real Example: 📌 Example – Ankur Warikoo's Online Course Business Instead of jumping into the crowded online course market blindly, Ankur Warikoo validated his idea by: Identifying a real problem: Young people lacked clarity in personal finance, productivity, and career planning. Launching fast: Created a simple MVP (video course) using Kajabi with minimal setup. Testing willingness to pay: Priced early courses affordably and got thousands of paid users. Differentiating: Added value through personal storytelling, not just information. Using data: Improved future content based on feedback, email metrics, and surveys. 🎯 Result: Over ₹3 Crore in revenue within 18 months — built without any funding, just pure validation and execution.

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