3 ms·

Validate your idea by getting users. Site building tools are ubiquitous now if you want to test out anything ecommerce. For everything else, you can use a Goog

Validate your idea by getting users. Site building tools are ubiquitous now if you want to test out anything ecommerce. For everything else, you can use a Google Form or just go out walking around town surveying people and seeing if they'll sign up to your list based on telling them your idea. Ideas are not valuable unless you can show that you can execute on them and you don't need much money to show that, at least to start.

guskel 7y ago
Note that many people who say they would use a product won't actually use it once it's built, especially if the effectiveness of the product relies on network effects.
- vpEfljFL 7y ago
  There is specyal type of questions to ask potential customers. The key take here is not to ask directly about your product because sometime people want to make you feel better. So, instead of asking would you use my solution, ask about - do you have such problem? - how do you solve it now? - have you searched for solutions? - have you searched for paid solutions? - how much this type of solution you expect will cost for you? - are you ready to pay someone who will solve this for you? and so one
  - badrabbit 7y ago
    Yes, I can answer all those, matter of fact some of the problems are well known and people complain about them all the time. I just need to prove that my non-proprietary solution is best and viable
badrabbit 7y ago
But here is the thing, if I have a site to validate my idea,what stops someone with more resources from knocking me off before I get funding? Execution speed is important, but I can validate by asking potential customers and doing some leg work, I thought that was not enough for funding and loans
- coderintherye 7y ago
  Well, true that investors will ask how well you can capture the market you are targeting. However, what that really boils down to is whether or not the investors believe you can execute well. Actually, sometimes investors will throw more money at you if they think it is a competitive market but believe that you can become the market leader first. After that, if you do well at building a good brand, then you'll get customers based on that, regardless of the competition that pops up.

guskel 7y ago

Note that many people who say they would use a product won't actually use it once it's built, especially if the effectiveness of the product relies on network effects.

vpEfljFL 7y ago
There is specyal type of questions to ask potential customers. The key take here is not to ask directly about your product because sometime people want to make you feel better. So, instead of asking would you use my solution, ask about - do you have such problem? - how do you solve it now? - have you searched for solutions? - have you searched for paid solutions? - how much this type of solution you expect will cost for you? - are you ready to pay someone who will solve this for you? and so one
- badrabbit 7y ago
  Yes, I can answer all those, matter of fact some of the problems are well known and people complain about them all the time. I just need to prove that my non-proprietary solution is best and viable

badrabbit 7y ago

But here is the thing, if I have a site to validate my idea,what stops someone with more resources from knocking me off before I get funding? Execution speed is important, but I can validate by asking potential customers and doing some leg work, I thought that was not enough for funding and loans

coderintherye 7y ago
Well, true that investors will ask how well you can capture the market you are targeting. However, what that really boils down to is whether or not the investors believe you can execute well. Actually, sometimes investors will throw more money at you if they think it is a competitive market but believe that you can become the market leader first. After that, if you do well at building a good brand, then you'll get customers based on that, regardless of the competition that pops up.