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No. If I spend €400 on this and get shot down, I've got nothing. If I spend €400 on an MVP that I can test in the marketplace, I've taken a step forward, I have
by regularfry 16y ago
No. If I spend €400 on this and get shot down, I've got nothing. If I spend €400 on an MVP that I can test in the marketplace, I've taken a step forward, I have an asset, and I've got something I can pivot from.
- ccarnino 16y agoThe concept is: advisors who knows really well the market will give you the hints to let you do the pivots, when your startup is just an idea. Not after few months where you have invested time and money. Will you pay for it? Or not still?
- regularfry 16y agoStill no. If I've got the sort of idea which can be proved with a cheap and quick MVP, then pursuing that is obviously better than paying a one-time "idea validation" fee, and it won't take months. If I can't figure out how to put together an MVP, then I'm looking at a different style of business where I want people with the sort of knowledge you're talking about either in the company or in my social circle, and a one-time consultation wouldn't be nearly enough. Something to bear in mind is that an idea on its own is fundamentally worthless. A report of the type you're talking about would not add value in the way an MVP would.