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9 Ways to Validate Your Startup Ideas

9 Ways to Validate Your Startup Ideas
Maggie Franz

Maggie Franz

Photo by Daria Nepriakhina

Guest Post by Scott, From LetsStartbloggingOnline.com 

There are always risks that come with making your startup ideas a reality. This risk can be lessened by letting others know about your ideas first so they can be validated. After receiving positive feedback regarding your ideas, it is time to make them happen.

On the other hand, changes should be made if these ideas were not received well. It is better to hear those negative comments now as you still have time to do the necessary changes instead of dealing with them once the business has already started.

Identify the problem first

It is important that people’s problems are solved with the help of your business. It is easier to make your business more appealing if they can see the importance of the products and services you will offer in solving their problems.

Check your competition out

There are a lot of business ideas out there and some of them might have already been implemented. This doesn’t necessarily mean you should stop making your ideas a reality. It only means that you should do better. Find a way to solve more problems and compete head on with similar businesses out there. There is no need to replicate what others are doing, but you can at least come up with a better version.

Conduct surveys

It is very important to listen to what your potential customers have to say. In conducting surveys, you will get their pulse regarding your ideas. This helps you tweak the ideas if necessary or totally overhaul the concept just to please them.

Make sure that there is a space for them to leave their comments. This helps so you can address their concerns and come up with something better before implementing your startup ideas.

Find a mentor

If you want someone who can be brutally honest about your ideas, find a mentor. This person will guide you towards the right path. Just make sure you are keen in listening to advice. Integrate the suggestions in improving your business. Don’t feel bad if your startup ideas are not validated or rejected.

Take note that this person is someone who has walked the path you are still taking. Even if the comments hurt, take them positively. You will still be the one to ultimately benefit from these suggestions later on.

Coming up with a startup idea is not easy. Making these ideas happen is an even bigger challenge. It is great if you can have these ideas refined first so that when you are ready to implement them, they will be perfect. Again, it is better to have them altered now while you are still on the initial phase rather than do the changes later when you have already invested money on your business.

The infographic below presents some more ideas on how to validate your startup ideas. Take the advice seriously if you want to see your business move forward and succeed. A lot of business owners didn’t just reach the pinnacle of success without having their ideas validated by other people first.

9 Ways to Validate Your Startup Ideas (SBO)

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