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Worried your idea won’t translate to a profitable business? Let’s ditch the guesswork and validate your concept…

Worried your idea won’t translate to a profitable business? Let’s ditch the guesswork and validate your concept…

By: A Staff Writer

Updated on: Jul 13, 2024

Worried your idea won't translate to a profitable business? Let's ditch the guesswork and validate your concept...

Jumping in without validating your idea risks wasting time and money on something that won’t sell.

How to deal with the problem:

    1. Talk to potential customers: Do they ACTUALLY have the problem you’re solving?
    2. Build a simple prototype: Test a basic version of your solution before investing heavily.
    3. Seek pre-orders: Are people willing to pay for what you’re offering?

Don’t build something nobody wants. Get proof of concept before you go all-in.