How to Validate A Business Idea (Even If You Already Have A Business)
Feb 21, 2019Finding a great business idea is one thing. Making sure it has legs is another. In this episode of Scrappy TV I show you 3 ways to validate your business idea.
Watch the entire episode or jump to a specific section that grabs your attention:
00:08:05 The COOL thing in Today's Day and Age
00:11:11 Why it's Especially IMPORTANT at 50 and beyond to Validate our Business Ideas
00:14:55 Three Ways to Validate your Business Idea: Research, Asking, and Giving a Test Run
00:14:55 Research… Market Research
00:15:38 Competition is good...Competition is you friend
00:18:18 Research your competition…Study them
00:21:43 Asking...Start Asking People
00:24:40 Listen More than you Talk
00:26:19 Caveat about who to talk to
00:27:38 Asking Family and Friends about your Business Idea is NOT a Good Idea
00:30:47 When you're asking people question... have a set of three to five questions
00:35:38 Give Your Idea a Test Drive
00:50:41 A Facebook Page is totally RISK FREE
00:51:29 Facebook Page as a Test Page
00:53:41 Idea Test Drive Pro Tip
00:57:46 How do you find these Potential Customers on Facebook and invite them to your Page?
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