How to validate your B2B startup idea
- The Engineering Question Can you create breakthrough technology instead of incremental improvements? 2. The Timing Question Is now the right time to start your particular business? 3. The Monopoly Question Are you starting with a big share of a small market? 4. The People Question Do you have the right team? 5. The Distribution Question Do you have
Peter Thiel • Zero to One: Notes on Start Ups, or How to Build the Future
A great business idea isn’t enough. You need to quickly and cheaply test your assumptions to establish whether your product meets the needs of a market and fills this niche well enough for people to pay for it. The early days of a startup should involve constraint testing, tweaking and learning with the ultimate goal of discovering product/market f
... See moreWill Schmidt • The 30 Day Startup: How to Create a Successful Tech Startup in 6 Weeks for Less than $50K
How do I pick an idea and validate it?Based on my research, there are three common ways to come up with an idea:Market first: Start with a market or space that interests you, then look for a specific problem.Experience ripe for improvement: Look for areas where you believe there should be a better consumer experience than what currently exists, and... See more
Lenny's Newsletter • How to validate your startup idea
How I would choose my next startup idea:
1. It must be a product in a growing market. Startups can take years or even decades to fully develop, don’t risk creating an amazing product just to have the user base dry up.
2. The value of the product must increase over time. For example, as you upload more to a social media platform and make more friends,... See more
1. It must be a product in a growing market. Startups can take years or even decades to fully develop, don’t risk creating an amazing product just to have the user base dry up.
2. The value of the product must increase over time. For example, as you upload more to a social media platform and make more friends,... See more