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Results for: New Product Validation

Samples are traditionally 100+ people. Can you get 100 customers? How many customers (users too) do you have participating on the idea? Once you've shared it past friends and family, strangers are interested in what you're doing I believe that is all that is needed for a product/service to be ...

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Face to Face will always be better. The reason is because to get to the root of an issue or to what really drives a person, you need to ask WHY 5 times. Only then you can offer a solution that will be irresistible to your prospects. Let's try with an email survey. 1. What is your biggest strug...

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Great question, many entrepreneurs are stuck before launch because of this hurdle. I have helped many individuals turn full time entrepreneurs through succinct consecutive coaching in various industries. Here are my suggestions, but keep in mind they are generic because you didn't provide any det...

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The best way to build an MVP is to distill the solution to the smaller unit of value to deliver something to a customer. Start small, time box it and focus on solving the problem at it's core even if it's ghetto (I call the best MVP's ghetto but useful). Here's an image that represents my think...

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Yes, people will be interested - I say this because there are numerous websites that already offer this service. Take a look at Houzz for example. As for models, almost all the known online models would work: advertising, affiliates, commission, fermium etc... I’ve successfully helped over 320 s...

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Im not sure if i understood your question, but here i go: There are a few metrics that can be used (typically thought at MBA programs) but obviously accessible to leveraged investors through advisors and or legal aids. These metrics give an idea on value based on marketable assets, capital inv...

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1) Finding someone I can trust to fix things that go wrong (PS: If you are doing anything in the energy/HVAC/integration space I have a lot of experience in that part of the home market)

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If you are really thinking about building your product you should first do the alpha and beta. There is a strong community of tech people on Hacker News, ProductHunt and Reddit that will support your idea and even pay in advance if you can show a demo first. Give you an example: Dropbox. Drew (C...

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Hi, I've worked for years in business to business sales and consulting. You need to find out who works or makes decisions in a company in the area that your potential product could be useful, ie customer service. LinkedIn could be useful for this. Call them on the telephone. Don't e-mail. Open...

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For conducting market research across the Middle East and North Africa keep the following tips in mind: 1. Be clear on your business objectives for research: Fully understand what decisions or changes you want to be able to make to your business as a result of the research at the project briefi...

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