3 Ways To Validate You Have A $1,000,000 Business Ideas (#353)

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A podcast where we brainstorm new business ideas based on trends & opportunities we see in the market. Sometimes we have famous guests, and they do it with us.
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[incubedinsight]

Thank you for the awesome advice. I’m learning critical information to overcome problems most fail at as a new entrepreneur. It’s even harder without a mentor to talk to and bounce ideas off of or guidance from. So I appreciate both of you taking your time to answer questions and give ideas.

[luctielen]

Pieter Levels also mentions focusing on solving your own problems as a way of validation.
And if you can't think of anything, have a more interesting life!

[rajasimon]

I've been there for multiple times. You know when you completed the MVP and then you feel like "Oh! Man what I've done". This time I am gonna take to multiple people on daily basis and will nail it.

[pauloberg]

You guys are pure inspiration for all of Us big hug from Barcelona Spain

[TOMWEDDING]

Great timing to hear this video, definitely have validation now. Just need help on the marketing/sales side

[Septumsempra]

This podcast is doubling every couple weeks. I'm not surprised.

s/o from South Africa

[davidgayman]

Great advice! Now how do you guys feel about problems that people are not able to solve but are able to work around with some significant discomfort? There are a lot of these "smaller" problems do you feel they are they worth going after?

[greencoolmoss]

1- problem interviews
2- payments through on landing page
3- personal experience with problem

[Stiggsway]

Am I the only one picking up on the "AM/FM" at the beggining? sounds like a nice little hook phrase, going forward

[GuillaumeDuhan]

I totally agree: you never really validate an idea. From $1 to $1 billion It seems you are just constantly trying to reach this validation.

[kalvaxus]

Honestly like the idea of just interning/becoming a secretary in a field.. but that's also quite terrifying to stop your software engineer job.

[executioniseverything]

What about products that don't solve problems e.g. apparel?

[austinbeyak]

Why is there no link to the book you mentioned!?

[karthikeyanponmudi]

hey you guys should do a show with colin and samir it will be a best cross over

[marktruong]

0:00 - Introduction
0:45 - The Value of Learning in Public
2:56 - Examples of Learning in Public
5:31 - Tips for Learning in Public
7:10 - The Importance of Validating Ideas
8:08 - Three Ways to Validate Ideas
9:07 - Worst Way to Validate Ideas
9:48 - Higher Fidelity Way to Validate Ideas
11:09 - Best Way to Validate Ideas
12:45 - Conclusion