I work with a lot of startups as an advisor or thru 500S. Figure out what the biggest value offering for your idea is, create the simplest product that only achieves that big value and nothing else (if this means you don't write code, then great). Get out into the real world and start actually ch...
Hello!! That's a very good question you asked. Having been a entrepreneur for more than 7 years now, I understand how entrepreneurs are often serial thinkers and the rate of idea generation is definitely greater than that of execution. Focussing your thoughts and actions on more than one busine...
It sounds like you're off to a good start with your lead generation. While it is important to keep lead volume strong, it's even more important to have a way to follow up with these leads and continue pushing them through your sales funnel until you can convert them into revenue. Without that fol...
You ask the customers, and gauge their level of interest. Better yet, get yourself in front of some customers, and instead of telling them what you make or do, ask them what they need. When you notice that many of them need the same thing, and if it is something you can make or provide, you then ...
Good question. I can relate. Some of my interviews gave me a tough time especially if they were big companies. You can check out these steps, they will definitely help: - Learn as much as you can about the company - Know more about the job description - Practice interview questions - Ask the inte...
Could be! You do raise a good, unexplored space of connecting and monetizing referrals. I've been working with a few HR startup types and I do know that this would be valuable resource. The trick is the angle you take - is this 'buddies helping buddies' in a quiet, hidden informal way, or is th...
Is it new? To find out if the idea is really new, be thorough in your online search. Search base on descriptions of the the problems it solves, how it is used and the benefits. You should also search Google Patents or the USPTO.gov site to look for existing patents in this area. Does it need to...
Hi First of all, the fact that you are talking about market validation is great. I've seen so many startups invest time and money, only to find that no one wants/needs their product, or that they only want a certain aspect of it (whilst the startup spent money developing a whole bunch of other f...
1. It's a nice idea - very similar to Houzz and a few other existing platforms - so you would need to find more of a niche. In order to tell you if it's viable, I/you would need to know how you intend on bringing traffic, what your conversion rate will be (visitor to buyer), how much it costs you...
hi, start from the issue you want to solve or need you want to fulfill. Then find a consumer for whom the issue or need is really important and/or urgent. Take Uber, the issue they solve is helping people to go from place A to place B. This is important for many segments: - Business people - Peop...